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Homebuilder Drove Inflation

#auspol #rba #heisesays
So apparently, this is news.

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Comments

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  1. Heiser can you do a video about the 5k first home owners grant🤔…This is the same…Stupidity is first and sorry comes later…But to the most important part😔…When will you save😵‍💫…For all that is holy,,,buy a razer🧐…

  2. Yea I have thought for ages that dropping the rates to where they did would create rate pin when rates go up imm no wizard but rates got so low cash was cheep and easy to get people thought nothing off borrowing thousands as it was si cheep nobody contemplated the fact that rates had to go up prices went through the roof due too demand and shortages
    The government intervention helped push home prices up it was a double sided sword
    I don't think Low should lose his job
    I do think it's going to get worse and we are all responsible for our actions look at wh a t urr doing and what might happen if u lose urr job and have backnup cash. So many dont

  3. The Grants are a Poisoned chalice for home Builders. They signed up customers, then saw prices of materials rise, their fixed price contracts unable to finish the house for a profit. Thanks Gubbermint & RBA Clowns.

  4. went through this, my builder working only on my project, finished super quick, no problem what so ever.

    other builders signed up too many customers, took heaps longer to finish the build

  5. Absolutely facts! Same as the GFC stimulus. It’s not about helping first home buyers. It’s just throwing burley in the water, to get the unwise in s froth, bid each other up in price more then the grant they receive, so people further up the food chain don’t run out of stooges to pay more they did for the houses they already own. It’s a disgrace and a notional illness that has ruined our way of life for so many.

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