APRA, in an overreaction to Sydney and Melbourne's temporary price hike, have blundered into the market with a restriction on supply, not in Sydney or Melbourne as you would think, but across the whole of Australia.
The below chart shows that Mr Byres has no historical property knowledge. He has no knowledge of the law that prices are set by the law of supply and demand. Hence the Sydney prices were off a shortage of supply. As a result, the shortage of supply that Mr Byres is causing across Australia will logically lead to price increases across Australia. Mr Byres is causing price jumps that he is supposed to be fixing.
So what does this mean? There are a lot of losers emerging from his blunders:
The winners will be: You!
So if your investment journey has been brought to a screeching halt, if you believe you have had to put your wealth accumulation plans on hold and watch from the sidelines as property prices rise and rise, if this is you then contact your Property Mentor because we can help you become a winner.
So as I stated, it is simply down to education.
I have just calculated that our members have been recently approved for $1.25 billion of funding. Our Researchers across the country have taken this huge buying power to the builders with our demand for a giant billion dollar bargain buy.
So if you want to take part in this once in a decade opportunity to take advantage of Wayne Byres' blunders, contact your Property Mentor and get set for a deal of a lifetime.
Regards,
Kevin Young
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