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australian's profile
The Australian
The Australian
The Australian
Verified account
@australian

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The AustralianVerified account

@australian

News from The Australian newspaper and The Australian Online.

Sydney, Australia
theaustralian.com.au
Joined October 2007

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    The Australian‏Verified account @australian 27 Nov 2017

    Owners want home prices to fall https://trib.al/6NTSdOV 

    9:12 PM - 27 Nov 2017
    • 2 Retweets
    • 2 Likes
    • Adept_coder Business Review Eugene Hauw
    5 replies 2 retweets 2 likes
      1. Newman Costanza‏ @NewmanCostanza 27 Nov 2017
        Replying to @australian

        Any household with less houses than members is short, and would benefit from a fall.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Jenq‏ @jensterq 27 Nov 2017
        Replying to @australian

        House prices will continue to go up whilst the Govt continues with their ever-incereasing mass immigration program, which brought in 230,000 permanent migrants last year.

        1 reply 0 retweets 0 likes
      3. Andrew Gilmour‏ @AndrewGilmour11 28 Nov 2017
        Replying to @jensterq @australian

        Did you count how many Aussies moved out? Did you count how many non-Au residents bought our real estate?

        1 reply 0 retweets 0 likes
      4. Jenq‏ @jensterq 28 Nov 2017
        Replying to @AndrewGilmour11 @australian

        Actually, TAPRI did, and it's minimal.

        1 reply 0 retweets 0 likes
      5. Andrew Gilmour‏ @AndrewGilmour11 28 Nov 2017
        Replying to @jensterq @australian

        Minimal is around 90 thousand ppl, right? https://www.border.gov.au/about/corporate/information/fact-sheets/05emigration … This is not minimal and in fact very comparable with 250K coming in. It’s more than one third! So, in fact only 160K are left but not 250K.

        1 reply 0 retweets 0 likes
      6. Jenq‏ @jensterq 29 Nov 2017
        Replying to @AndrewGilmour11 @australian

        You obviously don't know the difference between Net and Gross. The 250K figure (It's actually 230K) is a Net figure. So based on your numbers, the Gross figure is 320k people migrating to Australia every year.

        2 replies 0 retweets 0 likes
      7. Andrew Gilmour‏ @AndrewGilmour11 29 Nov 2017
        Replying to @jensterq @australian

        You obviously know nothing. These are numbers of net migration. Recent years show less than 200,000 https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/rp1617/Quick_Guides/MigrationStatistics … Or here https://www.crikey.com.au/2016/10/17/how-many-migrants-come-to-australia-every-year/ … where you can see 200k of annual intake

        0 replies 0 retweets 0 likes
      8. End of conversation
      1. New conversation
      2. Jenq‏ @jensterq 27 Nov 2017
        Replying to @australian

        From Shane Oliver(AMP Capital):"Thanks mostly to an increase in net immigration, population growth since mid-last decade has averaged 368,000 people pa compared to 218,000 pa over the decade to 2005, which requires roughly an extra 55,000 homes per year." We need a debate on this

        1 reply 0 retweets 0 likes
      3. Andrew Gilmour‏ @AndrewGilmour11 28 Nov 2017
        Replying to @jensterq @australian

        Shane has no authority in this instance coz he is a finance guy

        0 replies 0 retweets 0 likes
      4. End of conversation

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