If Australians are really richer now than 20 years ago, why, for many, is everything to unaffordable?
Housing Price Index
Raising disposable income will counter the housing bubble
Given that price/income ratios must return to earth for housing prices, and that governments are loath to allow the price to fall, the only remaining option is to increase incomes, writes Gavin R. Putland.
It’s official: house prices falling off a cliff
The fall in Australian house prices accelerated in the March quarter, official statistics have revealed.
Looking at the subprime crisis with rose-coloured glasses
Many US investors have turned a blind eye to the continuing slump in the housing industry, as policymakers have consistently misread the damage the slump is doing to financial markets, writes Glenn Dyer.
