Rents after the bubble burst

photo credit: malweth We all need somewhere to live, a place of privacy and rest. For the last sixty years, it made economic sense to buy and own a home – generally, prices went only one way, UP! Australia now has a fully inflated housing bubble awaiting a pinprick....

Did you remember to sell the house today?

Prof. Ross Garnaut gave the Hamer Oration at Melbourne University on Thursday. He pointed out that Australia has not experienced a recession for 17 years, a record for The Lucky Country. Such a period of unbroken growth is not just an Australian record, it is a world...

Investor opinion: an uneasy equilibrium

photo credit: Dru!   A survey of property investors in The Age today by Colemar Brunton shows sentiment delicately poised between those who see the market flat or falling and those anticipating further rises. This is not the bursting of The Great Australian Property...

America discovers Gentrification

photo credit: Trois Têtes (TT)   In at least 18 major US cities, the trend to suburban living to escape the crowded squalor of inner areas is reversing.  Older buildings are being remade as homes for the affluent after generations as slums. The collapse in US property...