The Australian House Market Bubble looks ready to burst:
http://www.businessinsider.com.au/melbourne-cbd-apartment-values-are-plummeting-2016-3
http://www.abs.gov.au/ausstats/[email protected]/mf/6416.0
https://en.wikipedia.org/wiki/Australian_property_bubble
How does one short this?
this is worrying considering im almost on the precipice of buying a house for investment.
>>1166446
there are different views on this, but these ads on side of this article are a tell-tale sign that a crash is coming: http://www.dailyreckoning.com.au/the-big-short-on-aussie-housing/2016/01/22/
Is everybody on this board retarded?
>Prices and bubble'd by foreign investors
>High Aussie dollar is driving prices back to expected value
Wow its nothing
>>1166510
doesn't change the fact that it's popping :) how do we short it?
>>1166556
You'd be better off exploiting the rentslaves.
Buy a house once its dirt cheap then ask the same rent as you would now (350-500$)
how do i The Big Short
>>1166559
>People rent because house prices are so high
>bubble bursts, prices nosedive
>renters start buying
>vacancy rates skyrocket
>"hur buy a house and rent it out at pre-bust rates
Brilliant anon. You really thought this one through
>>1166564
You and I both know that rentfags won't have 20%. Even if houses drop to be 300k on average then they will still need 60k+stamp duty
>>1166566
>tfw im a rentfag with 20% waiting for the day
>>1166562
First you need investment bankers to buy the NINJA securities and as if they were AAA rated, which I somehow doubt has happened.
>>1166440
apartments were always a joke here, they could crash and the rest of the market wouldn't even notice
>>1166441
short australian banks. Assets should be turning toxic soon.
>>1166568
kek
