New Sydney flats will have to be bigger, the NSW Land and Environment Court ruled last week, overturning long accepted common practice allowing minimum one-bedroom unit sizes at 50m2. Dual-aspect flats must be a minimum 58m2 and more common single-aspect flats 73.4m2....
BLOG: housing affordability
Luke Foley offers the bubble party fresh drinks
In the second leaders debate of the NSW election campaign televised tonight, ALP opposition leader Luke Foley proposed buyers be allowed to defer Stamp Duty, allegedly to 'help improve housing affordability'. This idea must be condemned. Either Mr Foley is taking NSW...
Event: Property Boom or Bust – with Phillip Anderson
Property Boom or Bust - where are we in the cycle? With Phillip J Anderson, author of The Secret Life of Real Estate & Banking Tuesday March 17th, 6pm. Level 2, 22 Punch Lane, Melbourne. Strictly limited seats, $25 per person (includes light catering)....
Selective US deflation
Westwood Capital, a US finance firm, have a slide set out trying to pretend all is well with the US property market. I can’t recommend their thesis of US housing shortages and rent hikes, but perma-bulls might enjoy being stroked. Dross. Except slide 12 which breaks...
Boomer Welfare Enjoys Foreign Investment Fillip!
Having trouble reading this newsletter? View it online. The enews of Prosper & Earthsharing Australia February 2014 Hernan Pinera The Climate Fund Under Our Feet - this Thursday! Thursday February 26th, 6.30pm Level 2, 22 Punch Lane, Melbourne Presenter:...
The Foreign Investment Future
With Sydney's clearance rate hitting 87% on the weekend and a modest 3 BRM weatherboard homes selling for $1.36m, (some 40 minutes commute from the CBD), concerns over the role of speculative investment continue. The 'golden ticket' to fast track residential status,...
Boomer welfare and the path to reform
The federal Social Securities Minister Scott Morrison has again this week revealed just how reluctant politicians are to discussing the sacred cow - the family home. With the Federal Government struggling to build a narrative for budgetary integrity, discussion has...
The Rotting Fruits of a 100 Year Old Trend
We’ve all become slaves to the banks. The ruling elite don’t want you to know this of course. It should actually be the other way around. Banks should work for society. But where’s the free ride in that?
The property holdings of members of the Queensland Parliament
The Queensland election this Saturday has the nation holding its breath. Will the Liberal/National Party government of Campbell Newman with 78 of the 89 seats in the parliament be displaced by a very angry electorate, or merely have their huge majority...
Soos and Egan – Australian Property Chart Pack
By Philip Soos and Paul D. Egan This chart pack presents the latest statistics for 2014, updating the dataset provided earlier last year. When adjusted for inflation and quality, housing prices have boomed nationwide since 1996, hitting a peak in 2010, before...