Adam Schwab July 28, 2010 2 Comments
The property bubble denialists continue to ignore reality.
Adam Schwab May 18, 2010 3 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 Schwab January 12, 2010 1 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 Schwab December 21, 2009 5 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 Schwab December 15, 2009 5 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 Schwab December 2, 2009 10 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 Schwab November 30, 2009 5 Comments
Australia has a new high-profile property spruiker ... the deputy governor of the Reserve Bank, Ric Battellino, writes >Adam Schwab.