The challenges of the property market in the UK are resulting in some people having to live with a 50% crash in the value of their property.
Category: Real Estate
Evergrande’s second-biggest shareholder, Chinese Estates Holdings, is selling its entire 6.5% stake in Evergrande with a loss of about $1.2 Billion.
Evergrande is repaying debt with property, including apartments and carparks.
Mortage stress soars and while it might not lead to a house market crash, it will certainly impact the 2022 Election.
Melburnians are Abandoning the City
Melburnians are abandoning the city and moving to the regions.
The RBA’s House Price Warning (rant)
The RBA’s house price warning.
Let’s look at the story of a Young Man who managed to buy an apartment at 21 but worries he might have rushed into the market and whose parents are now paying his mortgage. Would it have been smarter to stay in the share market?
Will Rate Hikes Crash Housing?
With Westpac the latest Bank to Increase their fixed mortgage interest rate, many are asking if rate hikes will crash housing? But with low Negative Equity, significant pre-payments and liquidity buffers the resilience of our housing market may be stronger than some expect.
Office Vacancies at Decade High
Office vacancies are as a decade high.
House Sales have fallen but they are still significantly higher than the average.