Reprinted from academic e-zine The Conversation In a previous article, I analysed four of the common arguments used by those who deny there is a bubble in Australia’s residential property market. The bubble deniers have employed other explanations for the…
Australian land prices are falling. They will continue to fall until their fundamental economic link to incomes and rents are fully restored. Many with large mortgages will be crushed by these towering liabilities when their equity is erased. This claim…
photo credit: bonkedproducer The 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 market prices…
photo credit: Amarand Agasi Westpac 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…
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…
Our documentary was reviewed on Friday in Real Estate 4 Ransom by Age property journalist Chris Vedelago. It was the most read Domain article nationally over the weekend. We have received hundreds of emails from people eager to see the…
photo credit: Lionoche 1 September 2011 MELBOURNE:- The RP Data‐Rismark July Hedonic Home Value Index released yesterday confirms house prices are falling at an annualized 9.5 per cent. “The new downward trend in house prices is firmly established and will…
The battle over auction clearance rate statistics just turned into war. SQM Research’ Louis Christopher – one of the few straight shooters in the real estate statistics game – has just issued this broadside in the SQM Research Newsletter. And…
Poor Wile E. Coyote’s cunning plans never produced a meal. He invested everything, but always went over a cliff or was holding the exploding bomb. Warner Brothers mercilessly milked the moment he realizes his plot has failed – his defeated…
photo credit: atomicshark “The devil is in the details.” German Proverb A fascinating paper on Manhattan real estate in the 1920-39 era shows why property went down, stayed down and didn’t recover in real terms until 1960. ‘Real Estate Prices…