New Aussie Mortgage Debt record – but why? Dont crowd out the investors!! by Renegadeeconomists on Mixcloud Philip Soos & David Collyer discuss their Senate Housing Affordability Inquiry presentation amidst the fast moving economic environment. Read their submission. During the…
Australia has blown a land bubble of immense size. This troubling reality has finally come to the attention of the Senate and obliged it to examine the matter. Prosper Australia’s submission to the Senate Housing Affordability inquiry examines nine key economic…
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…
Journalist Michael Janda conducted this interview with Philip Soos yesterday. The audio can be heard here. ELEANOR HALL: A report by property think tank Prosper Australia has found that tens of thousands of homes in Melbourne appear to be unoccupied.…
The Australian Financial Review today 19 September has no less than four articles disputing the existence of The Great Australian Land Bubble. Your civic duty to buy, buy buy by Jennifer Hewett Page 2 RBA hoses down property bubble talk…
By Philip Soos Reprinted from The Conversation As Australian housing prices have boomed over the last decade and a half, there has been much discussion over whether a bubble exists in the residential property market. More recently, the concern is…
Last week the Australian Housing and Urban Research Institute (AHURI) held a seminar in Melbourne on the serious stresses on renter households that have emerged over the last twenty years. Dr Wendy Stone from Swinburne found: • A decline in…
It is often said those who fail to understand the mistakes of the past are bound to repeat it. In one area, this holds spectacularly true: the residential real estate market. History has shown time and again the fortunes of…
by Philip Soos For those interested in the Australian residential property market, below are a collection of figures illustrating long-term trends. Housing prices and land values are compared to a basket of fundamental metrics. Australians are fortunate because much data…
by Philip Soos Escalating housing costs have, of course, received much attention as both prices and rents increased faster than incomes and inflation over the last decade. In this vein, property research firm RP Data launched a monthly report called Buy vs.…