Rocketing Inflation, Rising Rents, Supply Shortages Leading to a ‘Much Deeper Recession’?
SQM Research released its national vacancy rate data. According to the statistics, rents are ‘exploding’.
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.
Australia’s Commodity Curse and Property Paper Wealth Are a Dangerous Combination
Australia’s ‘houses and holes’ economy is what Satyajit Das called it in the Financial Times. He’s worried about how over-reliant Australia is on its two big sources of wealth — commodities and property.
These Two Cities Continue to Gift Investors ‘Massive’ Gains
According to Domain, Adelaide is showing the lowest recorded vacancy rates for any capital city since they started collecting records!
Australia’s Wimpy Politicians Reveal Sector to Back
We write a lot about gold as an inflation hedge here at The Daily Reckoning Australia. But property is a ‘hard asset’ — and it comes with political benefits.
Tidal Forces
There was so much going on these last couple of weeks. It was easy to get waylaid or delayed. Each headline demanded attention. Was it important? Or just more nonsense?
Fat Tail Investment Podcast: What’s really happening in the Property Market
Joining Callum on the podcast today is real estate veteran, buyers advocate and all round property guru Catherine Cashmore.
