Whose side are you on, young man???
photo credit: bonkedproducerThe vendor-agent relationship is conducted behind closed doors, far from statistical analysis and horrid little sticky beaks like me. But fresh anecdotal evidence is coming quick and fast. The gap between vendor’s price expectations and...Dual incomes – capitalized or decapitated
photo credit: Amarand AgasiWestpac Chief Economist Ted Evans nailed his colors to the mast with his optimistic report ‘Australian housing: the bubble myth’. Evans forecasts steady prices for the next two years while household incomes rise 7 per cent pa, “setting a...Why didn’t economists see Australia’s property bubble?
photo credit: h.koppdelaney By Philip Soos This article first appeared at www.theconversation.edu.au and is republished under Creative Commons. One aspect of housing and stock market bubbles continually repeats: the vast majority of economists either miss or deny...Melbourne ‘Stale Stock’ hits 70,800
photo credit: Soon.17 September 2011 MELBOURNE:- Exponential growth in the number of unsold properties overhanging the Melbourne market continues, up 18 per cent in the last month alone. “In the last five months ‘Stale Stock’ in Melbourne postcodes 3000-3207 has...Republish this article
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