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Topic: BIS Shrapnel
Housing shortage? No, it’s a debt-fuelled bubble

Housing shortage? No, it’s a debt-fuelled bubble

The property bubble denialists continue to ignore reality.

Get set for another surplus: this time in housing

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.

Why the property boom? Simple. We’re borrowing more

Why the property boom? Simple. We’re borrowing more

Assets prices inflated by excessive leverage are not sustainable, leading to a gross misallocation of scarce resources. It is a lesson that Australian property buyers appear slow to learn.

Big lie theory explains how the bubble inflates

Big lie theory explains how the bubble inflates

Why are seemingly rational people paying so much more for property than they did even as recently at 10 years ago? They fall for the "property lie": the myth that property "never falls in value" and will be "more expensive next year".

Housing prices: the bubble just gets bigger

Housing 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?

Housing shortage: two parts myth, zero parts reality

Housing shortage: two parts myth, zero parts reality

In some parts of Australia and contrary to what property "experts" might suggest, we have an almighty bubble. But it's not increased immigration that's fuelling the dire housing shortage. So what is?

RBA chief: we have our house(s) in order

RBA chief: we have our house(s) in order

Australia has a new high-profile property spruiker ... the deputy governor of the Reserve Bank, Ric Battellino, writes >Adam Schwab.

BIS Shrapnel’s property confidence is … BS

BIS Shrapnel’s property confidence is … BS

When the First Home Owner's Grant falls away and if interest rates return to 7-8%, it is a more logical response that house prices will fall in the coming years, rather than rise.