Adam SchwabJul 28, 20102 Comments
The property bubble denialists continue to ignore reality.
Adam SchwabMay 18, 20103 Comments
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.
Adam SchwabJan 12, 20101 Comment
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.
Adam SchwabDec 21, 20095 Comments
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".
Adam SchwabDec 15, 20095 Comments
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?
Adam SchwabDec 2, 200910 Comments
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?
Adam SchwabNov 30, 20095 Comments
Australia has a new high-profile property spruiker ... the deputy governor of the Reserve Bank, Ric Battellino, writes >Adam Schwab.