Matt Barrie Says Our Housing Market May Never Recover – Reference

#AusPol #ConsumerConfidence #Housing

Matt Barrie the CEO of Freelancer warns that the Australian Housing market may never recover and highlights the simplicity of the Australian Economy. Interested by this, I find out how the complexity of the Australian economy compares to the test of the world and it is embarrassing.

YouTube Version

References

Our Housing Market May Never Recover https://www.news.com.au/finance/economy/australian-economy/housing-market-may-never-recover-from-downturn-expert-warns/news-story/e65644df8cf03bb045055ef1dba5736b

Australia’s Economy is a House of Cards
https://www.linkedin.com/pulse/australias-economy-house-cards-matt-barrie/

Economic Complexity Rankings
https://atlas.media.mit.edu/en/rankings/country/eci/

Banks say they are not to blame for the Housing Crash – References

#Banking #Housing #HousingCrash

I look at a recent AFR article in which Westpac CEO Brian Hartzer claims that banks are not to blame for the housing crash. Seemingly ignoring recent evidence from Melbourne land sales.

https://youtu.be/_E1eBKIlQ24

References

Westpac CEO Brian Hartzer says banks ‘not to blame’ for house slump
https://www.afr.com/business/banking-and-finance/westpac-ceo-brian-hartzer-says-small-business-hurt-by-lending-crackdown-20190130-h1anog

YouTube Cards

Property Developer Political Donations – Reference

#Development #Property #RealEstate

I discuss a recent article in the Syndey Morning Herald which attempts to paint a narrative about developer donation resulting in 600 additional units for a developer. Naturally failing to mention the significant additional infrastructure spending required by the developer. I also briefing discuss the concept of Transit Orientated Development, TODs, and why we would want additional units near train stations.

References

Extra 600 apartments for developer whose general manager donates

https://www.smh.com.au/national/nsw/extra-600-apartments-for-developer-whose-general-manager-donates-20190301-p5117o.html