Home ownership and the Baby Boomers
Chatting to Ross Greenwood on Radio 2GB on Tuesday April 8, I talk about home ownership and the Baby Boomer generation, and the dynamics that will play out between the two over the next few years. Listen here.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
xiao fang xu
:
Chinese are no problem.
Australian people who believe in free lunches and who elect politicians who promise those lunches are problem.
‘we have met the enemy and he is us’
or
When looking for faults use a mirror, not a telescope.
Roger Montgomery
:
Whats that they say about glass houses?
Chris B
:
This is a good point Roger and I agree. But there is a thing that I beleive. In history, the ultimate dream of a politician is for everyone to have their own house. That is what George W Bush and Alan Greenspan wanted, the same thing has happened many times in the last few hundred years all around the world. I am wary that sooner or later first home buyers are going to revolt at not being able to buy a house.
Chinese are buying houses illegally, you need to have a family member with a citizenship but they aren’t checking this.