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TOPIC: Expert warns Australia could turn into slums in 20 years

Expert warns Australia could turn into slums in 20 years 09 Feb 2019 15:09 #1

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Housing and banking expert Martin North North has criticised developers and the housing industry for “throwing up” high-rise buildings at such alarmingly fast rates. He warned viewers that significant defects and safety concerns are imminent.
So we have come together on this day to prove symbolically that we are more than a collection of individuals striving one against another, that none of us is too proud, none of us too high, none is too rich, and none too poor, to stand together before the face of the Lord and of the world in this indissoluble, sworn community. And this united nation, we have need of it.

- Adolf Hitler, in Berlin, 01 May 1935
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Expert warns Australia could turn into slums in 20 years 09 Feb 2019 16:48 #2

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It’s no secret that Australia is experiencing a downturn in the property market. But for Aussies who own their own home or have a mortgage, there’s worse news. Many believe calling it a downturn is foolishly optimistic – the slump we are in is more like falling off a cliff. On 60 MINUTES, Tom Steinfort speaks with real estate and finance experts who predict property prices could slide by as much as 40 per cent in the next year. And if they’re right and numbers like that eventuate, there’s only one certainty: our entire economy faces catastrophe.


Bricks and slaughter: Part one - Exposing Australia's housing crisis


Bricks and slaughter: Part two - Exposing Australia's housing crisis

So we have come together on this day to prove symbolically that we are more than a collection of individuals striving one against another, that none of us is too proud, none of us too high, none is too rich, and none too poor, to stand together before the face of the Lord and of the world in this indissoluble, sworn community. And this united nation, we have need of it.

- Adolf Hitler, in Berlin, 01 May 1935
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