For as long as I care to remember, the Real Estate salesmans’s call to action has been, “It’s never a better time to buy”. But for the 27 percent of the first home buyer cohort who followed this advice the year before last, their homes are worth less than they …
Last week, the producers of Real Estate 4 Ran$om posted the 40 minute documentary for public viewing on vimeo. Real Estate 4 Ran$om is about property speculation and its impact on the broader economy. Real Estate 4 Ransom from Real Estate 4 Ransom on Vimeo. ยป Real Estate 4 Ransom …
While the property lobby bangs on about a housing recovery this year, the Australian Bureau of Statistics today released its January housing finance figures showing the total value of housing finance fell 2.3 percent, seasonally adjusted. Most of the fall was attributable to a 7.1 percent fall in the value …
In a report released yesterday by Standards & Poor’s, it predicted Australian House Prices could fall by more than 5 percent in 2012 should China experience a soft landing with a GDP growth rate of 8 percent. Earlier this week China’s Premier Wen Jiabao announced his government would target a …
Last month we had a chuckle at a News Limited article encouraging children into the property market. It tried to sell the idea that while minors would have their investment income taxed at 46.5 cents in the dollar it “also means a greater potential benefit from negative gearing.” We can …
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