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Construction Economy Property Real Estate

First Home Buyers FOMO

#RealEstate #FOMO #Sydney Domain is warning potential first home buyers to hurry into the Sydney market because prices are about to rise due to the positive property sentiment. Given that consumer and business confidence is low, housing prices are declining, we are in a per capita recession and unemployment is trending up, why should we […]

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Construction Property

Sydney’s Apartment Disasters

#Sydney #Construction #Architecture Sydney’s Apartment boom has resulted in “Godzilla” monster apartment developments throughout the city. Using the books “Great Streets” and “A Pattern Language”, let’s look at some design principles and see how they have have been applied to the streets of Mascot. References Great Streets https://amzn.to/2YsORy0 A Pattern Language https://amzn.to/2K7qA7B

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Australia 108 Construction

Defects at Australia 108

#Defects #Australia108 #Australia The Australia 108 Apartment in Melbourne apparently has defects with residence hearing loud cracking. Another construction project to keep a track of? References Fears of defects in Melbourne’s tallest tower https://thenewdaily.com.au/money/property/2019/07/26/australia-108-building-defects/

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Economy

Can the RBA Save the Economy?

RBA #AusPOL #CashRate Can the RBA save the Australian Economy? Does anyone still think they actually can? References ‘Four bullets left’ to save Economy https://www.news.com.au/finance/economy/australian-economy/four-bullets-left-to-save-economy/news-story/f79bd146f7e50b5b7f2c7d3faa84317c China second-quarter GDP growth slows to 27-year low as trade war bites, more stimulus seen https://www.reuters.com/article/us-china-economy-gdp/china-second-quarter-gdp-growth-slows-to-27-year-low-as-trade-war-bites-more-stimulus-seen-idUSKCN1U90P5

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Economy

Australia’s Housing Bubble

#HousingCrash #HousingBubble #Australia Let’s look at some visual graphics showing which countries are currently at the greatest risk of being in a housing bubble and see where Australia sits? References Mapped: The Countries With the Highest Housing Bubble Risks

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Economy

Household Wealth Inequality Grows

Australia #AusPOL #Recession Household wealth inequality has grown in Australia, on the back of superannuation and property growth. How will this affect the future of Australia and what would happen if there is a huge property crash? References https://www.brisbanetimes.com.au/politics/federal/revealed-the-households-with-surging-wealth-and-the-households-standing-still-20190712-p526js.html

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Economy

Consumer Confidence Drops

#Australia #AusPOL #Recession Consumer and Business confidence has dropped in Australia. Looks like back to back interest rate cuts didn’t fill people with confidence for some reason? Reference Consumers most pessimistic in two years, despite tax and interest rate cuts https://www.abc.net.au/news/2019-07-10/consumer-confidence-july-2019/11294948

Categories
Economy

Australia is in Recession

#Australia #AusPOL #Recession GDP Per Capita has declined in Australia for the last two quarters, so for all intents and purposes, we are in a recession for the first time in 27 years. Our politicians need to use the R-word before the RBA starts playing with QE or negative interest rate. Perhaps some infrastructure projects […]

Categories
Economy

Is the Market Predicting a Recession

#ASX #AusPOL #CashRate Both Equity and Bonds are rallying and analysis split over an impending market correction. Is this just smart investors moving funds into the equities market and hedging their bets or is the bond rally and market confusion a sign of impending recession? References Bonds https://www.asx.com.au/products/bonds.htm Trading View https://www.tradingview.com/chart/?symbol=ASX%3AXAO Share market correction may […]

Categories
Construction Economy Housing Crash

Foreign Investment Crashes in Australia

#ForeignInvestment #AusPOL #Housing Foreign Investment in Australian Real Estate and housing has crashed in recent years. Let’s look at how high it was and consider the implications it has had on housing prices and the quality of our housing stock. Did such rapid growth in foreign investment overheat our construction industry and are we going […]