How much do you think the property you live in is worth? How about the suburb or area in which you live – what do you think would be the combined value of all those properties? Ever wondered what all the property on earth is worth? Global Property Value As usual in an information filled world,…
There are few arguments more heated than those based around the future direction for house prices. i am about to make some statements that many people will find disturbing so please, if you have a weak stomach for discussion on house prices, change channels now… A hundred billion dollar error One of the great difficulties that…
For most Australians, there isn’t even a question in this statement. Retate the question as “when to buy a home”, and you’re probably closer to the mark. Maybe even “how to buy a home”. It is borderline heresay to phrase it as “don’t buy a home if…”. If you don’t want to read my background…
It’s a Friday, and a beautiful one at that. Here in Perth, the city skyline is dotted with the slender silhouettes of huge cranes from construction sites. All rather pretty, and reflective of a city vibrant with energy, growth and cash. Sometimes it can seem as if the local “feel” is reflective of the world.…
There is a raging debate flowing through academic, economic and financial markets at the moment concerning the future direction of house prices in Australia. It seems everyone has an opinion, and the stronger that opinion the less likely that any facts are going to get in the way of the argument. On one side we…
“Too many people bought too much house for too many years”. That is a quote from a New York Times article, published recently. The article looked at the impact of housing on the financial crisis from the point of view of a person in the United States. From here in Australia, the “seven new rules”…
