China’s ailing property market has been in a slow meltdown for the past two years. But the seeds of its downfall started long before.
Australian Housing Market
When you read articles about Australian housing affordability, it is often comparing the single average adult wage to house prices, from generations ago.
The articles generally say something like, ‘a house was worth three times the annual average wage back in the sixties and is now worth 10 times the average wage. This shows housing has become unaffordable.’
You can’t compare the two because back in the sixties it was one wage bidding on real estate.
Reading any financial media in the past week would make you think that a rate rise next week is inevitable, so why is the market still thinking there is a 50/50 chance?
Markets are not at a capitulation low yet. Don’t be surprised by further falls.
Under Net Zero rules, governments must design and abide by plans to reach Net Zero over the coming decades. This means all other policies are subjected to that constraint.
Land cycle expert Catherine Cashmore reflects on her past forecasts for real estate cycles.
Catherine Cashmore interviews commercial property veteran Warren Ebert on capitalising on undervalued assets before the cycle peaks in 2026.