The weighted net annual rate of return on land investment in Melbourne 1880-92 was a remarkably high 34.6 per cent, peaking at 78.3 per cent in 1887, according to a fascinating paper researcher Philip Soos has unearthed Rates…
By Catherine Cashmore Reposted from Macrobusiness In the final hours of Federal Parliament for 2013, Labor Senator Jan McLucas succeeded in establishing an inquiry by the Economics References Committee, in addressing Australia’s growing housing affordability crisis, stating; “…pressures on affordability…
Alan Kohler is out this morning on Business Spectator with a big swipe at Conservative state governments. Yes, that is conservative with a capital ‘C’. He sees at last the destruction the cost of land is wreaking from Port Hedland…
By Philip Soos and Paul Egan Reposted from Business Spectator Suspend disbelief for a moment and imagine you are a residential landlord with a property for rent, seeking prospective tenants through a property manager. After advertising, it later comes to…
The Productivity Commission is out with a major study that recommends ending Stamp Duty on conveyances in favor of a land value tax to avoid trapping people in their homes when better jobs beckon elsewhere. The Geographic Labor Mobility report…
Sharemarket-listed property developers hold 264,000 residential lots in their development pipeline – 19.3 years supply with a disclosed end value of $80 billion – in a year when they sold only 13,000 lots, according to analysis by Prosper Australia. The…
by Paul Egan In the cult science fiction Matrix movies, people live within a simulated reality created by artificially intelligent machines who feed from their life energy; a dream world that has enslaved humanity due to a blissful lack of…
There’s been a lot of debate around property taxation in Australia – significantly negative gearing, which allows an investor to use the short fall between interest repayments and other relevant expenditure, to lower their income tax.
AHURI published Friday an important new research paper ‘The edges of home ownership’ about churn in the property market that deserves our close scrutiny and debate. Wood, Ong et al compare the UK and Australian experience of those leaving and…
The Letters Editor Progress Leader (Boroondara) 5 November 2013 Time for Change Your feature on property (29/10) brings out the contrast between overseas investments in Balwyn and how increasing “house prices” are deterring first home buyers. One real estate spokesperson…