Tag: Housing

Categories
Economy

Inflation and Housing

#Inflation #Housing #Australia Existing housing purchases are not included in CPI. How would our inflation rate look if it were included? References Inflation data ‘very poor’ cost of living measure due to house price exclusionhttps://mobile.abc.net.au/news/2017-04-20/inflation-data-suffers-from-exclusion-of-housing/8457718 Shadow Government Statisticshttp://www.shadowstats.com/alternate_data/inflation-charts Housing affordability in Australiahttps://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/BriefingBook45p/HousingAffordability

Categories
Political Commentary

Government Guarantees will Drive Up Housing

#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/

Categories
Economy Housing Crash Property

Australia’s Unaffordable Housing

#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

Categories
Economy

Soaring House Prices will Save the Economy

#Economy #Houing #Recession Frydenberg pins hope on soaring Housing Prices to save the economy. References Treasurer Josh Frydenberg is ‘optimistic’ soaring house prices will get the Australian economy roaring again, but experts aren’t sold https://www.businessinsider.com.au/treasurer-josh-frydenberg-house-prices-property-market-rba-2019-9?fbclid=IwAR1nu0cFAt13shSTNJPv-cxiMlAa_m3l8IslYsNb-24Rw9Ax9dozcH0SPSo

Categories
Property Real Estate

Sydney Housing Prices Predicted to Rise

#Sydney #Property #RealEstate Sydney housing is predicted to rise this spring season. Will the lack of consumer confidence in apartments drive people to housing? References To buy or not to buy? Australian housing prices set to shift https://www.news.com.au/finance/economy/to-buy-or-not-to-buy-australian-housing-prices-set-to-shift/news-story/42e94e8076362fbe9f296ec6c9023094

Categories
Property

Sydney’s $2 million Dollar Dumps

#RealEstate #Property #Auctions Deric and uninhabitable properties are selling for millions of dollars in Sydney because people want to buy before the coming boom. I have to ask, what could drive a boom in the Australian economy? https://youtu.be/J7sQ3AoNvuc References Collapsing hovels selling for up to $2 million as Sydney auction market turns red hot againhttps://www.news.com.au/finance/real-estate/collapsing-hovels-selling-for-up-to-2-million-as-sydney-auction-market-turns-red-hot-again/news-story/9ebe7550824c356bc7b7186b65cf6317

Categories
Economy

Australia’s Declining Living Standards

#Recession #Australia #LivingStandards Australian living standards are declining in relation to other OECD counties. So now is naturally the time to take on a huge mortgage and buy a new home! References Australia managed to survive the global recession – but all that good work has been wasted https://www.theguardian.com/business/grogonomics/2019/aug/29/australia-managed-to-survive-the-global-recession-but-all-that-good-work-has-been-wasted

Categories
Construction Economy

Australia’s Crashing Construction Industry

#Construction #Recession #Australia Australia’s Construction Industry has been contracting for the last 11 months. References About Ai Group https://www.aigroup.com.au/about/ https://cdn.aigroup.com.au/Economic_Indicators/PCI/2019/PCI_Jul_2019_93740d.pdf

Categories
Economy Housing Crash

Have Housing Prices hit the floor?

#Housing #RealEstate #Property The media is arguing that housing prices “have hit the floor” due to a 0.1% month on month increase in national prices. At the same time, the US has decreased interest rates, which will have an effect on our largest trading partner, a huge Sydney developer has gone bust and Australian’s are […]

Categories
Political Commentary

Caravan or House?

#caravan #tinyhouse #compliance As tiny houses increase in popularity we look at the compliance of these dwellings to determine whether they are in fact caravans or houses. As our cities get denser the tiny house could be an alternative to apartments however their compliance needs to be addressed first before they are rolled out at […]