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Tag: The Retail Recession

Melbourne’s Land Plunges 20%

Post author By Heise Says
Post date 23/10/2019

#Economy #RealEstate #HeiseSays Melbourne’s empty land has plunged in value by up to 20%, with buyers struggling to secure financing. References

Tags Australia, Economics, Economy, Hong Kong, land, Melbourne, Property, Real Estate, Recession, The Retail Recession, The Wealth Effect

Economy Recession

Australia’s Vanishing Millionaires

Post author By Heise Says
Post date 22/10/2019

#Economy #Recession #HeiseSays Australia has lost over 120,000 millionaires. Could this negative “Wealth Effect” be the reason for the retail recession? References Housing market slump means Australia has lost 124,000 millionaires https://www.news.com.au/finance/money/wealth/housing-market-slump-means-australia-has-lost-124000-millionaires/news-story/47c166ee2a77ad677afd6bcd33208e95 The Wealth Effect https://www.investopedia.com/terms/w/wealtheffect.asp

Tags Australia, Economics, Economy, Property, Real Estate, Recession, The Retail Recession, The Wealth Effect