Housing myths exploded
That’s because land values, credit, and other housing influences have combined to drive them sky-high.
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.
Up or Down? House Prices, Inflation, and Lending Rates…
‘It comes as last week another trader became a millionaire and was even able to buy a house by investing in shiba inu.’
Australian Mortgage Wars and Battles
The Australian Prudential Regulation Authority (APRA) is preparing banks for the possibility of tougher curbs on mortgage lending,
Resimac Share Price — Record Home Loan Settlements in 1H22 (ASX:RMC)
The Resimac Group [ASX:RMC] reported record home loan settlements for the July–October period of $2.5 billion. RMC share pice is up as much as 5.8% in early trade…
What’s Driving Demographic Decline?
Before diving into data on specific birth rates, it’s helpful to take an overview of what’s driving the demographic decline. This phenomenon is global.
An Apocalypse of Melbourne’s Inner-City Real Estate Echoing the 1990s Downturn
If I were a property investor shopping in Melbourne right now, I’d be sitting on my heels and waiting to see if the atmosphere cools further next year.
