Australian property is very hot

[krafty]

Property experts dismiss the housing market is on a decline

"While that the market has cooled for now, overall, the Australian market is still growing," he said.

Read more: http://www.afr.com/real-estate/prop...is-on-a-decline-20151201-glcinr#ixzz3t7GTsCq2
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[krafty]

remember that if you invest in property there, buy the houses, the apartment in the city are worthless. you have to speak to a local there to understand.

 

[Asterix]

This guy spoke in 2013 and some of what he said has come to pass, more importantly he dared to give the middle finger to Ho Jinx!

[video=youtube;haEwGpa44Mo]https://www.youtube.com/watch?v=haEwGpa44Mo[/video]

 

[krafty]

This guy spoke in 2013 and some of what he said has come to pass, more importantly he dared to give the middle finger to Ho Jinx!

[video=youtube;haEwGpa44Mo]https://www.youtube.com/watch?v=haEwGpa44Mo[/video]

Earlier this week, the International Monetary Fund (IMF) announced that it is finally granting the Chinese yuan the coveted reserve currency status by September next year. this could also usher in a better outlook for Australia, which is China’s BFF in terms of international trade. After all, higher investments in Chinese companies and infrastructure could spur a pickup in demand for Australia’s raw material commodity exports such as iron ore, lifting the Aussie against its forex rivals in the process. To top it off, positive growth forecasts for China would be great for the global economy and forex risk appetite.