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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.

The state of Australian housing

The days of Dad going off to work, while Mum tends the children are long gone, just like the black and white TVs of that era.

It is now usually at least two incomes bidding on Australian real estate, land price has quickly factored that in. So you can’t compare the two figures.

These days you need to find historical figures for combined household income and compare the two.

When you do that you may find housing affordability hasn’t run away at all, but is simply keeping pace with wages.

Global Stock Market

The Day the World Stopped Turning Effecting the Global Stock Market

The global stock market was taking the quickest and sharpest fall in history. This week is the one-year anniversary of those mad middle weeks of March 2020. A year later, where are we?

By Shae Russell, Thursday, 18 March 2021

ASX CIP Share Price - Centuria Industrial REITs

Centuria Industrial REIT Shares Up on Warehouse Acquisition (ASX:CIP)

The Centuria Industrial REIT [ASX:CIP] share price is trading higher today after the fund announced it will acquire a new warehouse in north western Sydney. At time of writing the CIP share price is up 0.33% to trade at $3.00 per share…

By Lachlann Tierney, Tuesday, 23 February 2021

Australian Housing Market Outlook - Property Market Boom

Another Clue Why Australian Property Market Will Go Higher

We got another little clue that credit is going to expand for property market transactions. The Australian Financial Review reported yesterday that consumers spent $30 billion in January. What are the signals about the economy today?

By Callum Newman, Tuesday, 23 February 2021

Big Upswing in Australian Property Market Now

Ride the Big Upswing in the Australian Property Market Now

There are plenty of people still to buy in property. In my view, the boomer generation is going to pour money into the property market. But you don’t have to believe me. Clearly the share market is signalling the same thing…

By Callum Newman, Monday, 22 February 2021

ASX VCX Share Price - Vicinity Centres Shares

Vicinity Centres Share Price Lifts Despite Net Loss (ASX:VCX)

It has been a tough 12-month period for REITs like Vicinity Centres [ASX:VCX] with shopping centres forced to close due to COVID-19. Vicinity Centres share price rising 1.56% to $1.26…

By Lachlann Tierney, Wednesday, 17 February 2021

Charter Hall Retail REIT - CQR share price

Charter Hall Retail REIT Share Price Up on Half-Year Results (ASX:CQR)

Charter Hall Retail REIT’s [ASX:CQR] half-year results paint a surprisingly upbeat outlook for retail property, even during a time when we weren’t allowed to visit the shops. The CQR share price is up 1.86% or 6.5 cents at time of writing…

By Lachlann Tierney, Monday, 15 February 2021

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Email: support@fattail.com.au

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

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