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AUSPol

Housing Crash drops Consumer Confidence – References

#AusPol #ConsumerConfidence #Housing Consumer confidence is down and the housing crash is potentially to blame, are interest rate cuts on the horizon? I look at the recent update from Reuters and learn about how the consumer confidence index is measured. References UPDATE 3-Souring consumer mood in Australia may prompt RBA rate cut soonhttps://www.reuters.com/article/australia-economy-consumersentiment/update-1-australia-slowdown-housing-crash-hit-consumer-confidence-in-march-survey-idUSL3N21003K Australia Consumer […]

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Property

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. 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

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AUSPol Property

Banks Killing New Housing – References

#Banking #Construction #Housing I look at a recent article in the Herald Sun about Banks changing lending criteria killing new housing projects. Which seems to disagree with recent comments from the RBA. References Banks short-change buyers, force lots of land back up for sale https://www.realestate.com.au/news/banks-shortchange-buyers-force-lots-of-land-back-up-for-sale/?rsf=ps%3Afacebook%3Anews%3Avic

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AUSPol Construction

Housing Crash Blamed on Population Growth – References

#AusPol #Construction #Housing The RBA is blaming the housing crash on Population Growth and Slow Builder while negating the influence of lending capacity. https://youtu.be/CA1dft5vopQ References Reserve Bank says population growth, slow building to blame for property boom and bust https://www.abc.net.au/news/2019-03-06/rba-says-population-growth-to-blame-for-property-boom-and-bust/10874502

Categories
Construction News

The Housing Crash is Coming – References

#AusPol #Construction #Housing I look at a recent article exploring the claims by Economist Lindsay David that we are already in the second stage of a housing crash. What are you doing to prepare? References ‘Let the bloodbath begin’: House prices in Sydney and Melbourne ‘could halve’ in worst crash since 1890s https://www.news.com.au/finance/economy/australian-economy/let-the-bloodbath-begin-house-prices-in-sydney-and-melbourne-could-halve-in-worst-crash-since-1890s/news-story/5918ea13042d5f819cb13c77629f060a David Murray […]