Apartment and housing developer Mirvac has declared the housing slump over and is continuing to land bank.
Domain is using a listing rise to predict a bumper year for property in 2020.
Selling your primary residence to escape the property crash.
Is Australia’s property on the verge of a boom or a bust?
#RealEstate #Property #HeiseSays Interstate and International buyers are swooping on Perth property. References 40 fire crews tackle flames ‘crawling up cladding’ at student flats http://mgoboard.com.au/wp-content/uploads/2016/08/NCC2016-BCA-Guide.pdf
#RealEstate #Property #HeiseSays A housing crash in 2020 is one of the top 20 risks for the global economy. References https://au.finance.yahoo.com/news/is-australian-property-heading-for-a-crash-012110570.html
#RealEstate #Property #HeiseSays Housing Affordability is now being used to create fear of missing out. References Housing affordability in Australia has slumped, ANZ CoreLogic report reveals Inflation and Housing Housing affordability in Australia https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability Rich are getting richer, but stagnating wages mean income inequality is steady https://www.abc.net.au/news/2019-07-12/household-income-and-wealth-abs-data-shows-rich-are-richer/11302696 6523.0 – Household Income and Wealth, Australia, 2017-18 […]
#Property #RealEstate #HeiseSays It is being claimed that Australia’s property market is different and essentially unstoppable. References 7 ways Australia’s property market is different https://au.finance.yahoo.com/news/7-ways-australias-property-market-different-193007119.html
#Property #RealEstate #HeiseSays REA is claiming that the end of the property boom was manufactured. References https://www.smh.com.au/business/companies/about-as-bad-as-it-can-get-rea-boss-bemoans-worst-market-for-property-in-decades-20191108-p538ow.html?fbclid=IwAR3UM5jA4C94d67mb3GgVYiBCfXFna6JSrWPb5uCXbzGwRJJl6KajtGhx_E
#Property #RealEstate #HeiseSays Off-The-Plan apartments at Australia 108 have plunged in value by up to 25%. References ‘Stupidity’: Buyer rues overpaying for apartmenthttps://www.afr.com/property/residential/my-own-stupidity-buyer-rues-overpaying-for-australia-108-apartment-20191106-p537tk?&utm_source=facebook&utm_medium=social&utm_campaign=nc&eid=socialn:fac-14omn0053-optim-nnn:nonpaid-25/06/2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_facebook&fbclid=IwAR2RHfmc4N00yhv14g7Cg1Eo3rXBmH1klyc25BFpepHcoLrlfpah2hNBqzQ