Heise Says
#Economy #Recession #HeiseSays Liquidators are taking on more staff and preparing for growth in 2020. Not a good sign for the economy. References Business is booming for liquidators and that’s a bad sign for everyone else https://www.abc.net.au/news/2019-11-15/business-is-booming-for-liquidators-and-that-is-a-bad-sign/11705492?section=business https://insolvencynotices.asic.gov.au/browsesearch-notices https://www.afsa.gov.au/statistics/annual-statistics
#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 […]
#Housing #Affordability #Australia Government guarantees have the potential to drive up housing. References guarantees likely to push up house prices, economists warn https://www.domain.com.au/news/first-home-buyer-deposit-guarantees-likely-to-push-up-house-prices-economists-warn-836969/
#Housing #Affordability #Australia Housing Affordability is a huge problem in Australia and will dampen hopes that soaring housing prices will save the Australian economy from recession. References House ownership is out of reach for ‘disenfranchised’ millennials, says CoreLogic property analysts https://www.abc.net.au/news/2019-09-28/disenfranchised-millennials-property-ownership-unaffordable/11555420?section=business Housing affordability in Australia https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability