Property needs must be addressed if we’re to free up the stagnation which will impact city dwellers as the population expands — and grows older. Property analyst Catherine Cashmore explains.
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What The Block reveals about the property market
No sooner had the hammer fallen on Bondi, than the spruiking began on The Block 2013’s next instalment. Property Observer examines the local market.
READ MOREHey Newman, first-home buyer grants just don’t work
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.
READ MORECo-operatives: an answer to affordable housing?
With increasing pressure on policymakers to find creative solutions to the housing affordability crisis, more consideration should be given to co-operatives. ANU student Farz Edraki is glad he’s part of one.
READ MOREInvestor 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.
READ MORE‘How big are your balls?!’: Fairfax v News in Geelong ad war
Antony Catalano’s Melbourne publishing empire will take a real estate agent to court over deals with the News Limited-owned Geelong Advertiser. It’s an old-fashioned newspaper war in Victoria.
READ MOREIs 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.
READ MORELobbyist bluster can’t hide struggling property market
The performance of property has confounded most optimists who have long claimed that property prices would be cushioned by interest rate drops.
READ MORENo surprise the property market isn’t picking up
When interest rates are low, it stands to reason, expected growth in the economy is waning. Which doesn’t inspire anyone to take a punt on growth assets, writes market analyst Catherine Cashmore at Property Observer.
READ MOREOur property market in the biggest hole for a decade
The world’s housing market decline accelerated during the March quarter, with house price falls in 26 countries and house price gains in only 10, writes Jonathan Chancellor of Property Observer.
READ MOREAustralian housing: an unsustainable Ponzi scheme
Deakin University’s Philip Soos pulls no punches in his assessment of the Australian real estate industry, describing it as a Ponzi scheme and a bubble waiting to burst, writes Larry Schlesinger.
READ MOREIs Australia’s housing bubble finally close to bursting?
One of the world’s last and greatest house price bubbles is finally ending, argues economist Steve Keen.
READ MORETruce in Melbourne property ad wars: Fairfax, Catalano deal
A truce has been declared in Melbourne’s real estate advertising wars, with Antony Catalano’s Weekly Review set to merge with Fairfax in a pioneering 50-50 joint venture.
READ MOREHeld up by red tape, developers want ‘super councils’
As new home sales decline and residential construction remains in the doldrums, Australia’s biggest property developers are pointing the finger of blame at councils.
READ MOREJoye: the great Australian rental inflation
There is a lot of talk about house prices in Australia. We hear much less about rental costs, writes Christopher Joye of Property Observer.
READ MORERBA independence on the line in complex Cup Day scenario
After the 0.3% core inflation result yesterday a rate cut next Tuesday should be a done deal. But it remains a complex scenario, says Christopher Joye of Property Observer.
READ MOREAfter-effects of GFC disaster continue to emerge
Governments have a habit of meddling with things. This is largely due to the political imperative of being seen to be doing something to fix economic problems.
READ MOREShould the property market tumble, taxpayers will foot the bill
Let’s say it again … the big four banks did not save Australia from the global financial crisis.
READ MOREHome buyers should look at the scales: debt and students unbalancing market
Figuring out the intrinsic value of an asset is fraught with many variables. That is largely why most people are unable to correctly value shares and property and why so often asset markets are prone to wild bouts of optimism (booms) and pessimism (busts). The situation is further exacerbated by the use of debt to […]
READ MOREGet 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.
READ MOREHouses are just very, very expensive consumer items
We like to claim that property is a productive item, that it fuels our economy and provides our safe nest egg of wealth. But there’s nothing productive for the economy in buying and selling houses, writes Kris Sayce.
READ MOREBoth sides of politics prefer blowing up property bubbles to popping them
Tony Abbott’s position on housing prices is little better than that of property boosting Prime Minister Kevin Rudd, particularly his explicit support for high property prices. What happened to common sense?
READ MOREFinal word: Keen offers no property market alternative
Steve Keen says it is time for him to withdraw from the media and start doing some technical research on the property market. Business Spectator’s Christopher Joye couldn’t agree more.
READ MOREResidential lending may hurt us in the long run
While politicians and the media laud Australia’s “world-beating” property market, precious capital is being greedily soaked up by an asset class that confers minimal economic benefits.
READ MOREHousing prices: the bubble just gets bigger
The housing bubble continues to inflate in earnest, as the last major weekend of the auction season delivered a spate of booming prices. Can it continue?
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