I think remember how it all started? it was 'cause they said all property everywhere was 'undervalued' and the fact that it was pretty likely there wasnt going to be an old age pension one day, 20 years down the track or so, as it will send the country broke, plus a wage breakout of astronomical proportions for some professionals and others in senior positions, and went on a spending spree
and the mysterious hedge funds people, super, on and on it goes.
they are going to possibly limit or restrict the amount of foreigners buying residental properties as investment properties, that might help a little? i know its about 10% or so of all sales here, that might be out-of-staters included as well?
maybe some IIS members are adding to inflationary pressures, wont name names, with spending their on toys?
