Investor. Georgist. Freedom of speech, freedom of opinion, digital freedom and digital anonymity advocate.
#IStandWithRichardHeart
Joined December 2021
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My best guess: 2025/2026 will prove to be the equivalent of 2006, ahead of the GFC. US property markets have either peaked or are about to peak in the next 12 months before dropping, with a major collapse not to come before 2027, including in markets. #Realestate #Crypto #Stocks
The predicted Australian 2026 property price drop continues. If you're in property for the long term that's fine, but the drop is likely to continue. Expect continued short-medium term downward prices in most markets #Property #Realestate #AustralianRealEstate #AustralianProperty
Tesla announce a flying car? The stock market peak may already be in. Property is likely to keep dropping. The stock market may be the next victim. #Markets #Stocks #ShareMarket #Economy #GlobalFinancialCrisis
In Australian capitals we've gone from the the top suburbs dropping in value to now even the more affordable end of the market is dropping. The trend is down and if history repeats it's not a short term downtrend. #Property #Realestate #AustralianRealEstate #AustralianProperty
It seems the Australian national market peak has passed, with the drop to come potentially the largest in Australia for a long time. I'm in saving mode ready for the market bottom a few years from now. Stock market peak likely in soon. #RealEstate #Property #Stocks
I wonder if Melbourne and Sydney property prices will be down only from here? If so, I wonder when Brisbane, Perth and Adelaide follow? #RealEstate #Property #AustralianProperty #AustralianRealEstate
Doerre Invests retweeted
Australia’s housing obsession is one of its greatest weaknesses.
Rising house prices are not a sign of prosperity.
What they actually tell you is that more money is being borrowed from the banking sector to buy homes.
The cause of rising house prices is rising household debt, and that is unproductive.
House prices are now five times more expensive than consumer goods compared to 1970. We should never have allowed that to happen.
Housing should not be an asset.
It is not something you should profit out of. It is something you should live in.
The people who really benefit from rising house prices are real estate agents and property developers, not the families who live in them.
We are paupers living inside castles. Paying a fortune on the mortgage, a fortune on private schools, and out of the remainder, just trying to live.
For the more information, check out the comment section,
#SteveKeen #AustraliaProperty #HousingCrisis #MortgageDebt #Economics #HousingAffordability
SpaceX IPO. Musk a trillionaire. The stock market peak for this cycle is either in, or in very soon. It's time to de-risk and sell anything you plan to sell while valuations remain overvalued. #MarketCycles #MarketCrash #Stocks #Shares #GFC
I wonder if Melbourne and Sydney property prices will be down only from here? If so, I wonder when Brisbane, Perth and Adelaide follow? #RealEstate #Property #AustralianProperty #AustralianRealEstate
Doerre Invests retweeted
California just passed a law that requires phones, laptops and even linux servers to collect user age and broadcast it to every app that asks.
The Internet was pretty cool while it lasted...
Your Phone Is Now Required to Spy on You. It’s the Law.
youtu.be/hI9oy0t4JUU
The awkward moment when Australian politicians need to KYC to access porn websites then porn companies being data brokers sell the information of their users for profits - to further compromise Australian politicians. #AusPol #DataPrivacy
Pauline Hanson’s candidate in the Farrer by-election has defended posting racy reels by young female to Insta, including a video by a 22-year-old Spanish creator, by denying any knowledge of OnlyFans. SEE MORE: bit.ly/4dBqB2J
Get the news first with The Daily Telegraph app: bit.ly/4bOfgf8
Hey, pTGC is up over 100% over the past 5 days and UFO is up 75%. Cool. #pTGC $pTGC #UFO $UFO #PulseChain
Doerre Invests retweeted
Don't you wish every fucking website on earth had your ID, address, phone, email? If only governments would mandate "age verification" So every fucking company across the planet could have all your "private" information.
Then the hackers and compromised customer service people can have copies too.
Record global housing debt and we have AI replacing jobs? With job losses to rise exponentially, people either sell their properties or default on their properties. Too much of that and we have our trigger for the next GFC (land/property led) #GFC #GlobalFInancialCrisis #Economy
The Gold Coast market has already risen. Trump entering the market is a top signal. The end of this cycle is drawing closer. #Realestate #Property #GoldCoast #AustralianProperty #Trump #Investing
A Trump International Hotel and Tower planned for the Gold Coast is set to become Australia’s tallest building before the end of the decade.
Queensland developer Altus Property Group has announced it has signed a hotel management agreement with the Trump Organisation to build a 91-storey hotel and residential tower in the tourist hotspot.
The 6-star resort, overlooking the Pacific Ocean at Surfers Paradise Beach, is set to include 285 luxury hotel rooms and 270 residential apartments, which are likely to start at $5 million.
Watch 10 News Queensland at 5pm for more details.
Adam Stokes @Adam_Stokesy seems to have disappeared from both YouTube and X. Hopefully the legend is okay and returns.
The fact that Victoria Police find this concerning, is concerning. #Police #PoliceState #Victoria #AustraliaDay #Auspol2026 #auspol
Police are investigating a prejudice-motivated incident that occurred in Kensington earlier this month. It's understood an unknown male, who was jogging in JJ Holland Park yelled an offensive slur at a 34-year-old man on Friday, 2 January.
More details: police.vic.gov.au/police-inv…