Wework’s expansion grinds to a halt in Australia.
The deposit guarantee appears it might not stimulate the housing sector as much as hoped for.
Household Debt is soaring in Australia.
Is Australia’s property on the verge of a boom or a bust?
#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/
#RealEstate #Property #HeiseSays Sales have dropped by over 25% in Melbourne’s outer suburbs. Are we in the middle of a two-speed housing “boom”? References https://www.theage.com.au/politics/victoria/outer-suburbs-lead-melbourne-property-sales-freefall-20191030-p535vz.html?fbclid=IwAR3SGPM0_qb3DYwiR4M3X_KmawhlQcT6F_8HNNGgnZ2O_ApfP5ZJUzeQrDQ
#Economy #RealEstate #HeiseSays Melbourne’s empty land has plunged in value by up to 20%, with buyers struggling to secure financing. References