The question of whether Australia is suffering a housing shortage continues to be hotly disputed.
House prices
House prices: a huge difference between price and value
If you ever wanted a detailed explanation as to why Australian property markets aren’t guaranteed to recover, we’d suggest reading Michael Yardney’s article titled to “Why our property markets are guaranteed to recover.”
Why our property markets are guaranteed to recover
Although immigration has slowed in recent times, the projections for our future population have many concerned about where all of these people will live, writes Michael Yardney, director of Metropole Property Investment Strategists.
Political snippets: Rate reduction a good bet
The money has been coming for an interest rate cut in this afternoon’s big event.
Gottliebsen: pivoting on China’s prosperity
The current fall in world sharemarkets had better not spark a major decline in China because the Australian economic dependence on the Chinese has reached a level that is without precedent, writes Robert Gottliebsen.
Australian house prices to track household earnings
Recent claims by The Economist that Australian house prices are overvalued by 55% are almost certainly wrong.
Political snippets: Property prices keep edging down
Australian house prices are continuing to edge down according to the latest figures from the RP Data-Rismark Home Value Index.
Housing: what the bubble giveth, the bubble taketh away
The property mood appears to have shifted from buoyant, to flat to morose in just a few months.
The great big giant housing spruik, care of our papers
Your local real estate agent can spruik to his or her heart’s content about the virtues of the “never declining” housing market with impunity, writes “Delusional Economics” of Macro Business superblog
As housing credit collapses, carbon tax an even tougher sell
Pricing carbon to reorient Australia’s economy away from carbon-intensive activities looks to be one of the most difficult yet. Rob Burgess explains how the ‘at least it’s a boom’ argument isn’t that accurate.
Future for property bulls looks decidedly bleak
Instead of predicting the usual “5% annual house price growth”, suddenly, the “experts” are suggested house prices will drop this year.
Buying a home ‘a ridiculous thing to do with your money’
A US financial expert recently suggested that “buying a home has to be the most ridiculous thing you could ever do with your money”.
Own a house? Don’t bother, it’s cheaper to rent
As for the claim that owning a home is cheaper than renting, based on Australia’s median property price and median rental, it costs around twice as much to own your own home, as to rent one.
Australian house prices continue to soar, but at what cost?
Another year, another massive increase in house prices and more excuses proffered by the real estate industry as to why Australia’s houses are among the most expensive in the world.
IMF not on the money when it comes to house prices
The good news it that the International Monetary Fund stated last week that Australian residential property prices are only 5%-10% over-valued. The bad news is that it doesn’t appear that the researchers of the IMF report have any idea what they are talking about.
House price rises … just who got it right?
There was a major omission from many of today’s flood of reports on a survey claiming a rise in Australian home prices over the next three years.
Residential property prices: why the big ship is difficult to turn
Clearance rates are falling, stocks dwindling and even some real estate agents are expressing concerns about the prospects for the property market.
Housing shortage myth keeps bubble talk on the agenda
Australia’s residential housing bubble has been supported the myth that Australian capital cities are suffering a desperate housing shortage.
Property bubble: let’s get the facts straight, please
The misreporting of Australia’s residential property market continues unabated, while the body in charge of Australia’s money supply continues to deny the existence of a debt-fuelled housing bubble.
Get set for another surplus: this time in housing
Combined with increasing interest rates (as the cost of money returns to a more reasonable level), it appears that the market will be belatedly doing its job, proving the adage, the solution to high prices is … high prices.
House prices still on the up while loans head down
Property watchers continue to question the bizarre set of circumstances that has led to house prices continuing to rise but loans to finance property purchases falling.
Essential Research: Labor ‘too soft’ on refugees; Abbott swims with the tide
A majority of voters believe the federal government has been too soft on asylum seekers, and most think the Coalition would do a better job, according to new polling from Essential Research.
Property bubble continues: but how will the asset boom play out?
While the residential property bubble continues in earnest, the mainstream media is beginning to take divergent views in how the asset boom will play out.
Tim Colebatch drinks the house price Kool-Aid
The housing industry has a vested interest in ensuring that the house price myth is perpetuated. Now, respected columnists are joining the party.
Joye: Bursting the housing bubble myths
Journos and economists are obsessed with creating a housing bubble, writes Christopher Joye, as he debunks some of the common housing market myths. No, Melbourne house prices are not ‘booming’.
