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Australian Housing

Perth rental crisis a precursor to housing crash

An unprecedented 10,200 vacant residential properties are now available for rent in Perth, according to an ABC news report published today. Perth City now has a distressing vacancy rate of 6 per cent, while the suburbs hover around an highly elevated 4 per cent, about three times the long term

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Australian Economy

ABC Four Corners: Home Truths

The ABC’s Four Corners has aired an excellent story tonight showing how tax distortions such as negative gearing has created one of the world’s largest housing bubbles: Watch the 45 minute segment here.

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Australian Economy

Perth property correction to continue into 2016

2016 is set to bring more pain for Perth property punters as prices continue to fall on the back of diving commodity and energy prices, rising unemployment, stagnant wage growth, surging vacancy rates and plunging rents. With more mines destined for care and maintenance resulting in more job losses and