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Australian property not overpriced

Australian property not overpriced

‘Affordability crisis’ a housing industry fiction. WHEN the Housing Industry Association published the May edition of its quarterly work of fiction, the Housing Affordability Index, media outlets printed the data without hesitation.

This instant recycling of propaganda is what passes for journalism these days. The political outpourings of developer lobby groups are presented to the public as fact. There is no scrutiny, no checking, no asking of pertinent questions.

Any half-switched-on journalist would look at the figures that make up this bogus index and see that they’re nonsense.

One Response to “Australian property not overpriced”

  1. No problems. Reality will start intervening soon (i.e. now), and the whole Ponzi economy in Australia will fall over.

    In the end, reality always wins!

    Tomorrow has arrived.


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