Forget Residential Property Gains…
‘Private equity giant Blackstone is backing a further shift online — with Christmas just the start — after investing $2.1bn in a Dexus logistics property trust.
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.
Riding the Digital Land Boom!
Still, if you presume increasing numbers will be using the metaverse to shop, work, and play, that means that the location of the digital land in the metaverse could potentially yield a significant economic rent.
Property: What Not to Do
In this we predicted the booming housing market we are currently in. Hardly anyone bought it because nobody could believe housing could boom because of the pandemic.
Should You Take Advantage of Slowing Real Estate Markets?
Only around 20–23% of the real estate market in Greater Melbourne is sold via auction. However, the percentage does have a good correlation to prices, and is a leading indicator to changes in trend…
Only Fools Will Believe This Guidance
You don’t have to believe me on this. Regulators have been tinkering with capital levels since the 1980s.
Economic Lessons from the World’s Tallest Towers
No surprise then that it also correlates close to our forecast peak of this real estate cycle and therefore, will likely open on the precipice of the downturn. However, until then, it’s boom times ahead for the real estate market.
