On for the Australian investment community

 Hi readers

We are continuing to read how there is a housing crisis in Australia. 

How is that possible when the census came out with numbers that simply blew me away. Over 1.1 million homes are vacant. 16% of apartments are vacant and 14% of townhouses. I say this because I’m hear of rents going up yet homes are empty.

I understand landlords why they refuse to rent the property out. Bad experiences can lead you to being shy next time around. But how can this be people with debt yet to lease income and hopeful of just selling it at higher prices. 

This is where properly had become a gambling’s spectacle and need to end by all means. House are for people to live in not for gambling and it’s for this reason that I hope rate run to 5% and house prices fall 50%, it’s the only way that this will change people’s view on housing.

 As always use the above as an indicator to your own research.

Ask your financial advisor on more on the above.

I’m a financial astrology not a financial advisor.