Englobo
Land in Australia should be dirt cheap. Outstanding access to land ought be a national advantage, generously conferred by a loving government upon its people.
Tag boom-bust
No, House Prices are not ‘Recovering’
A storm of triumphant prose rolled out to greet yesterday’s release of the authoritative ABS Eight Capital Cities House Price Indexes. Normally-sober Bloomberg told its global audience: “Prices climbed 0.3 per cent in the September quarter from a year ago.”…
Goodbye to high land prices
Next week, a disappointed man and his family are flying out to a new life in Seattle, Washington. They came to Australia seeking new opportunities in a high growth economy. They love Australia, love Melbourne, but have been driven…
Renovating for fun and profit
Toby Johnstone in the Sydney Morning Herald is at it again, suggesting renovating for profit in Sydney makes sense. On September 8 he profiled 50 Princes Street Bexley where a bright-eyed couple spent 5 years reclaiming a ‘swamp’. The property…
Telling the RBA like it is
Reprinted from On Line Opinion 6 Sept 2012 The apathy of economists about the costs and burdens imposed upon modest citizens is staggering, as though this is their natural lot and there is nothing to be done. Housing is a…
A recipe for stability – introspective, moribund stability
Dr Ellis is no help for the vast majority of Australians who simply want a home to call their own and not be some cats-paw in financier rent-seeking.
There are predators in our own backyard, but where are our financial watchdogs?
A former mortgage broker – who is now facing fraud charges – has blown the whistle on predatory lending practices in Australia’s financial services industry.
House prices stagnate
The ABS Eight Capital Cities House Price Indexes 6416.0 released today shows the property market is totally stagnant with prices unmoved, says Prosper Australia. “Property spruikers calling ‘Bottom!’ based on this data – and they will be – are misleading…
Don’t blame foreign investment for rising house prices
Republished with thanks from The Conversation One question that arises on the topic of real estate is the scale of foreign investment and ownership in Australia. It is understandable that the public has concerns about such investment, especially as precious…
Just say No!
Last week, RBA governor Glenn Stevens assured us the big Aussie banks are solvent, that he can and will print dollars if necessary and cannot see a housing bubble pop when he examines the entrails. The only thing in the…