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The Forum > Article Comments > Economic depression, delusion and the media > Comments

Economic depression, delusion and the media : Comments

By Malcolm King, published 27/4/2020

Editors and corporations don't want the media agenda fixed and focused, on the incalculable damage the virus is wreaking.

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abismil
diver dan,
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Posted by individual, Wednesday, 29 April 2020 6:18:16 AM
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Various assets previously over valued, and sectors will be impacted, and housing real estate will be interesting.

Juiced up by constant media PR e.g. suggesting high permanent population growth (not true), reinforced by community word of mouth, low interest rates and negative gearing, there maybe a significant correction coming....

Investors already receiving low yields (in real terms many buyers losing value immediately), temporary residents departing and fall in new ones arriving, stagnant wages becoming unemployment and baby boomer generation now in late retirement needing to down size and/or liquidate assets.....

Many in their twenties and thirties who have bought at inflated prices within past year may already be in negative equity......
Posted by Andras Smith, Tuesday, 5 May 2020 7:26:13 AM
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