Will they? Wont they? Media that incessantly follow Central Bank announcements must get driven mad

“It could be the fact this drags the RBA closer to cutting interest rates,”

Time will tell.

What I do know: a mortgage broker told me they have 38$ million aud of pre-approval loans just waiting to go

“That’s the most capital in the wings I’ve almost ever had”

They see rate cuts happening in 4 to 6 months, which means we have a good real estate buying window

People using leverage, to access a leveraged market, when the leverage masters pull their artificial strings

And they wonder why we get boom and bust cycles…

https://www.news.com.au/finance/economy/interest-rates/australia-reacts-as-us-federal-reserve-slashes-interest-rates/news-story/cec76fac0740139882345dd69e83c796

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Discussion

We are lucky (disciplined) enough to be home owners from about 15 years ago.

We pondered selling and buying elsewhere and couldn’t buy anything decent for under 1.2 million.

It’s super fucking bubbly down under and while it’s probably going up, it could pop in a big way too.

That’s not a problem for our principal place of residence but would I choose an investment property over stacking #bitcoin?

Nope.

And that’s where I land when comparing any other investment to satoshis.

Nothing else makes sense to me.

I am pretty bullish on Aussie RE tbh. Just so many levers the gov can pull to keep the show on the road

Yes it’s slowly but surely getting more & more unobtainable to the average person

Yes that is a seed for large public outrage at some point in the future

But do they let it recorrect? The whole asset market of the country implode?

Or just carry on getting rich?…

It’s not fair. But what is?