timtam80

That's what happens when everything inflates for so long that no body can purchase it any longer so the price increases slow down.

 

Yup, horrific results for the general population. There's a large percentage of young people now who will never be able to afford a house, not that they can afford the current rents either.

 

Seems moot to me anyway, so what if your house increases in value, sell it and you have to buy someone else's house that has also increased in value. It's all for the bank's benefit, your house goes up in value and you can loan more against it, no one else is winning except the banks (and Council rates).

inflation high? for the last couple of years it has been below 2% The difficulty, in Australia, is that the banks, government incentives, interest rates, capital gains tax and negative gearing are driving investment to the residential housing sector and speculative development. The only things worse are gaming, bit coins and shares in mining companies

the article comes to you courtesy of The Daily Mail UK who's main readership is for all the latest Hollywood and other Star's gossip and affairs. they are a shock article rag, scum that is the Gutter Press. 

 

Merredin aerodrome is leased under a 100-year lease arrangement by China Southern Airlines and is used as a pilot training facility by the China Southern West Australian Flying College, who also operate from Jandakot Airport in Perth. The airport was leased for the sum of one Australian Dollar with the state government banking that investment would follow. The partnership in the years since has been successful. Upgraded facilities include bitumen runways, a control tower, fire control equipment, hangars, classrooms, and housing. Although the aerodrome is leased by China Southern Airlines, the RFDS and private users still have access.