1. Government and controlled media reports continue to promote that buying real estate NOW is a good thing... at the time when DEBT level is at all time high.. and interest at all time low...
2. Government continue with its high immigration policy ... which will continue to squeeze Australians and put further pressure on wages.. ( do not expect wage increases !! )
3. Instead of having diversified economy... we continue to have biggest reliance on resources and building industry... some even say we are lucky to have such a good building industry...
4. Government and lobbyist clearly are not CONCERNED on social and economic impact their action have:
a. In last 20 years population in major cities increased by 40%
b. We now have less green space available then what it was 20 years ago..
c. We have now over populated schools.. traffic congestions... hospitals..
d. We have now bigger divide between poor and rich.. average class is shrinking....
Do you see trend ? Do you think in next 10 years it will be better ? What can we do to stop this madness and greed ?
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1. Government and controlled media reports continue to promote...
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