Do you trust politicians to manage the real estate market?

Discussion in 'General Property Investment Discussion' started by realdeals, Nov 21, 2017.

  1. realdeals

    realdeals Active Member

    Whether we like it or not politicians play a major role in the short term direction of real estate markets. Do you trust them?

    I dont!
     
  2. nmb

    nmb Well-Known Member

    Just look at the budget - all smoke and mirrors!

    There is no money to giveaway so they give you some back - via housing stamp duty reductions - but then get it back and more by other means. They are not to be trusted lol
     
  3. diyhelp

    diyhelp Active Member

    Always jam tomorrow/smoke and mirrors. Discount the politicians and do your own thing.
     
  4. nmb

    nmb Well-Known Member

    I would be interested to learn what percentage of government plans actually come to fruition. What is the point in planning ahead to 2020 let along further when it is highly likely there will be a change of government at some stage? Governments may like to plan ahead but how can investors trust these plans?
     
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