Despite the low success rate, governments continue to offer small sums of money to first-time buyers and wonder why it never works. Property guru Terry Ryder of Property Observer explains.
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FIRST HOME BUYERS
Investor activity is causing property markets to stagnate
The lack of feasible and affordable new properties and the consequential stagnation is producing a ripple effect of unfortunate consequences, writes property expert Catherine Cashmore.
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Is it any wonder first-home buyers baulk at what’s on offer?
Regardless of the accuracy of the Demographia report, Australia’s housing market is definitely unaffordable for those trying to get into it. Analyst Catherine Cashmore explains why.
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NSW budget’s complex consequences for residential property
It has taken a few days for the immediate impact of the NSW budget housing initiatives to sink in, writes Jonathan Chancellor of Property Observer.
READ MOREAddicts sucking on the government teat
From baby bonuses to first home buyers, it seems we’re just standing with our hands out waiting for the government to support us, and they continuously do. Why did we get so lazy?
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How to stop houses being so damn expensive
Australia needs a solution to its rising house prices, which have jumped dramatically thanks to the laws of supply and demand, writes Tom Elliot. Is reducing immigration the answer?
READ MOREExperts get it very wrong on rentals
The rental market is fairly uncomplicated, but business journalists are commonly thinking of reasons as to why rents go up or down. This is only one reason: the number of vacant rental properties.
READ MOREGreat Australian dream still sucking them in
The latest housing finance figures confirm there’s still solid demand for housing finance from investors and owner-occupiers.
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Loans for existing homes on the up and up
On a first look the latest housing finance figures suggest that the first home buyer rush may be exhausting itself. But don’t get carried away by the numbers.
READ MOREMirvac: land is for hocking, not housing
Mirvac yesterday admitted what many affordability watchers know: the housing market is manipulated to suit shareholders over householders, writes Karl Fitzgerald.
READ MOREComments, corrections, clarifications, and c*ckups
Interest rates … Kevin’s 100 days … Guy Rundle in the US … Julia Gillard’s hair … ICAC and Wollongong … health funding … GM food …
READ MOREComments, corrections, clarifications, and c*ckups
Urban Taskforce Australia … housing affordability … inflation … the Anglican church … Melbourne can live without the F1 …
READ MOREHoward: Your vote is my responsibility
Yesterday’s meeting of my war cabinet agreed to issue this plan to simplify the electoral system.
READ MOREThe Economy: Housing the battlers
Political economists sometimes talk about the “two speed economy”, the “plight of the working poor” and the paradox of “poverty in the presence of plenty”. There is plenty of evidence that these are issues of relevance to Australia, and no-where is this so obvious as in the market for housing.
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