The question of whether Australia is suffering a housing shortage continues to be hotly disputed.
Housing loans
Millions of taxpayers’ dollars propping up non-bank mortgages
The Australian Office of Financial Management, under the auspices of the world’s greatest Treasurer, Wayne Swan, has been spending billions of dollars of taxpayer money propping up the non-bank mortgage sector.
Property collapse: at last we’re catching on …
About three years after Crikey started warning readers about an impending residential property collapse, it appears the mainstream media have finally caught on.
Housing prices … don’t expect a soft landing
Australian property peaked around May last year, since then prices have gradually fallen across the country. And if overseas experiences are any guide, we shouldn’t be expecting a soft landing.
Rate rise: savers and borrowers have their fingers crossed
At 2.30pm today we discover whether the headline variable mortgage rate in Australia advances from 7.8% to 8.05%, writes Christopher Joye.
Australia’s affluenza built on a house of sand
Australia’s economic miracle and recent bout of affluenza is built on a house of sand. Local debt and what appears to be an unsustainable boom in its biggest customer.
Just how overvalued is our housing sector?
In a perverse way, sometimes trying to avoid risk can actually lead to far greater loss.
RBA puts $1.1billion into mortgage securities. What’s up?
It seems the central bank is trying to kick start the home loan market, writes Glenn Dyer.
Vintage First Dog – The Fairy Peanut!
Vintage First Dog…
Why a rate rise will only take house prices higher
Interest rate rises are supposed to slow the economy … how then do we explain the surge in house prices in 2007, asks Glen Dyer?
Centro crash: Is this part of the tsunami that Cossie predicted?
What we’ve learned recently is that, yes, it might be wise to have a few sandbags at the ready, Michael Knox, Chief Economist and Director of Strategy at ABN AMRO Morgans, told Crikey:
How many problem home loans are there in Australia?
There is a view that there is some sort of problem with repossessions and foreclosures of homes in Sydney and by extrapolation, the rest of Australia. There isn’t, writes Glenn Dyer.
The housing crisis: look closer at big banks’ lending
One of the rarely mentioned factors when housing affordability is being discussed, is that loans secured by residential mortgages are more attractive to banks than other types of lending because of the regulator’s prudential rules on the capital adequacy of banks, writes Bill Moyle.
