this post was submitted on 24 Jun 2024

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Perth's ultra-tight property market is being squeezed even further by cash buyers (www.abc.net.au)

submitted 4 months ago by hanrahan@slrpnk.net to c/ausfinance@aussie.zone

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"It's an A-grade shit show," he said, not mincing words.

Rephrasing , the inevitable outcome of government and voters seeing housing as an investment and not a social need.

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[–] BearOfaTime@lemm.ee 1 points 4 months ago

"Cash buyers"... Blackrock, cough, cough

[–] Rayspekt@lemmy.world 1 points 4 months ago

If there is one thing that's omega sus the it's people who buy peal estate in cash. No way that money comes from a legit source and it's not money laundering.