More media-driven FOMO by the top end of the property market.
#Property #RealEstate #HeiseSays An apartment shortfall is being predicted based on advertising data. Once again I am sceptical. References Slump in new apartment projects means shortfall in 2021
#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
#Property #RealEstate #HeiseSays Advertised Auction Clearance Rates are much higher than the formula Domain claim to use. Let’s jump into Excell and find out what the real Auction Clearance Rate should be. References https://www.domain.com.au/auction-results/sydney/
#Investing #Property #AuctionClearanceRates Let’s look at the Auction Clearance Rates for the 1st of September 2019. Featuring a special fathers day guest at the end. References Auction Results & Recent Sales https://www.realestate.com.au/auction-results/?rsf=edm:salesresults
#CashBan #Australia #Cashless Susan Franks of the Chartered Accountants of Australia not only supports the $10,000 Cash ban but argues that it doesn’t go far enough. I would rather accept some tiny inefficiencies in our tax system due to the black economy and maintain our freedom to spend cash. References Cash payment crackdown not enough […]