by Philip Soos reposted from The Guardian Australia’s historically high and rising housing prices are widely debated and have prompted a number of government inquiries into housing affordability. The question stands open: is housing affordable in Australia? Affordability is often…
Rents always go up – don’t they? The 1.2 million negatively geared Australian tax payers whose property expenses exceed their rental income think so. Their cunning plan is to patiently wait while the rent ratchet turns their negative cash flows…
My partner and I are 28. We went to an open for inspection of a house we liked and thought we could afford. We turned up just before he closed. There was an older couple there in their 50-60’s. The…
‘A Guide to Property Values 2012’ by Victoria’s Valuer General was released July 5. It has been comprehensively ignored. The report dissects property transfers and prices lodged with the titles office. This dataset is the actuals, the definitive historical record,…
Everybody duck! A property spruiker has taken exception to Philip Soos’ panoramic chart pack of Australian property values. Cripes! Pete Wargent is an investment advisor and auto-publicist who operates toward the breathless end of the investment spectrum. His new book…
30 January 2013 Prosper repeats its call for timely, national data on property sales to be collected by the Australian Bureau of Statistics. “Buying and selling houses in Australia suffers from ‘information asymmetry’ – some participants know a lot…
13 December 2012 Citizens deserve the truth: property prices are down -8.6 per cent nationally in real terms. Removing inflation from real estate prices reveals falls from peak of -11.2 per cent in Melbourne and -11.6 per cent in Brisbane…
‘We help property sellers sell’ is realestate.com.au’s proud claim. It is shocking to discover how far this News Corporation subsidiary is prepared to go to fullfil this promise. An un-named writer penned a delightful upbeat article on their website based…
David Collyer’s edited presentation from our Northcote Town Hall event earlier this year. With a jump in job losses last quarter, stock levels at near record levels, land supply in abundance and over 90,000 vacant properties here in Melbourne, one…
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…