Has Confidence returned to the Australian Property Market ? - 10

Has Confidence returned to the Australian Property Market ? - 10

We keep getting told over and over again that
" Confidence is returning to the Property market ."

My concern is that this constant barrage of Sales Hype,
keeps us from looking at the Reality of the Property Market.
We are not motivated to fix the Problems causing
weak Sales results,
because we are believing the Sales Hype.

We cannot fix the Problems that are causing
weak Demand for Australian Property,
if we think that part of the Problem is
"lack of confidence".

We are going to show clearly that a major
issue causing weak Demand,
 is the relatively taboo subject of
Baby Boomer Retirement.
Property Developers should be the group that is the most alarmed
by this Demographic Trend.
Instead we are seeing large scale denial of the Real Problem.

Some forecasters are predicting that 1 in 5 people in
Australian Society will be a Senior by 2030 !
The repercussions of this Tidal Wave of Retirees
will be catastrophic to the Property Industry unless
serious action is taken now.

In an Article entitled ,
"Baby boomers, FIFOs,
debt will cause historic change to the WA Property landscape",
on July 5th, 2012 on the Domain Website,
it reported,
"The WA Property Market will experience
 the greatest fundamental transformation in its history."

In the next Part of this Series we will explore Why
this is happening,
and what we can pro-actively do about it.


Baby Boomers Article - Domain



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