billy the kid wrote: ↑Tue Jul 21, 2020 2:52 pmAah yes...the Australian Government Real Estate Ponzi Scheme...propped up by immigration....
A few stats....
Supposedly, there are 10 million "homes" in Australia....
Not sure how many of them are paid for.....
Call it maybe 50%....just for the sake of the discussion....
Recently this year it was reported that 1.4 million borrowers in Australia were
suffering mortgage stress....
Well...that equates to maybe 1 borrower in 5.....
It was reported in 1991 that the average mortgage was about $91,000
Today its over $400,000
In Sydney and Melbourne its between $500,000 and $600,000.....with terms over 25/30 years...
The above stats are all before the plandemic hit Australia, and banks gave the
borrowers a moratorium on mortgages until September....
Isnt it about time that Morrison and his cohorts stopped sugar coating the crap
out of the economy/the real estate industry/migration/multiculturalism....
Douglas Murray is 100% correct.....
This country is in an absolute mess and yet the government and the media
continue to sugar coat everything...…
Its time we all started realising that they are conning all of us......
And some of his videos were done in Australia.
We have a:
Ponzi property scheme -
coupled with a Ponzi immigration scheme.
What could go possibly wrong?