Australians are obsessed with the property market in a way few from outside the country can understand. It is very uncommon to invest in securities here, compared to pumping more money into housing.
I have always been intrigued by the Australian housing market, would like to learn more about why people from the AU don't really invest in securities and dump into housing alone.
Comments
Australians are obsessed with the property market in a way few from outside the country can understand. It is very uncommon to invest in securities here, compared to pumping more money into housing.
Could you perhaps expand a bit further on this?
I have always been intrigued by the Australian housing market, would like to learn more about why people from the AU don't really invest in securities and dump into housing alone.
"Oy, it's a sure thing, mate."
if experience in similar US market has taught anything.
The only difference, according to the OP, is that Americans invest in both securities and housing.