Tag speculation

Property Supply Magic

photo credit: Super Doily As published in yesterday’s Online Opinion As if out of thin air, a magical 46 per cent more property was offered for sale in February than a year earlier. Like the heavens opening after a long…

Lobby Your MP on Housing Affordability

Your name: Your email address: Subject: Your local member of parliament Tony Abbott (Warringah)Dick Adams (Lyons)Anthony Albanese (Grayndler)John Alexander (Bennelong)Karen Andrews (McPherson)Kevin Andrews (Menzies)Bob Baldwin (Paterson)Adam Bandt (Melbourne)Bruce Billson (Dunkley)Sharon Bird (Cunningham)Bronwyn Bishop (Mackellar)Julie Bishop (Curtin)Chris Bowen (McMahon)David Bradbury (Lindsay)Jamie…

Buyers Strike “Irresponsible”

“Two secure jobs and a good deposit are no longer enough to buy a home. First home buyers must make a life-long vow of poverty as well. It is irresponsible to expect such a sacrifice,” Collyer said. “Do not underestimate their anger and frustration at being denied land ownership and its civic benefits.”

The pain in falling land prices

photo credit: Travis S. The US housing market is a living hell.  Homeowners are being boiled alive. The price of land was bid up to staggering multiples of incomes, until it no longer made sense to buy a house. And…