I’d love to invest in a market that is growing at 15% per annum (like the Chinese plastic pipe market) — and yet, even with that growth, competition has become cut throat.
But more disturbing is the subtle undertone in the article about environmental risks. It is very heartening to see China making forward-thinking commitments […]
Apparently the Sydney property market is still slowing down — and other cities may be following. Meanwhile Perth and Darwin are growing from mining dollars — and mining companies are turning into property developers.
The growth data presented in the article seems a little confusing to me. Yes, the All Ordinaries has grown by […]
Start out with an overview of the remarkable growth of the Chinese real-estate market (and it’s only been around for 10 years! And then consider that, because of government regulation intended to curb overheated growth, it is currently in a state of stagnation, but about to see further dramatic growth as […]
An interesting statistic from The Age: Only 31% of dwellings in the city are owner-occupied (the rest are investor-owned rentals). This compares with 76% owner-occupied in the rest of metropolitan Melbourne. And 82% of city dwellings are residential apartments (that’s right, the ones I don’t recommend you buy right now
They project […]
Reuters reports annual growth rates from 10 to 42.9 percent in New Zealand. Although Auckland prices grew only 4.4%, other major cities had 10-20% growth and some provincial areas grew in excess of 30% in just 12 months! Again, will be interesting to see if this article will accelerate the growth in those […]
In addition to mentioning distress sales at losses of 20-30% (both units sold off the plan…), this article mentions a potential rebound in a range of Sydney suburbs. It would be interesting to see if this becomes a self-fulfilling prophecy (e.g. have auction/purchase prices gone up in those suburbs since this news?). I […]
Home value falls trap buyers, reports Saturday’s Australian. So has the house market slump finally led to the bursting of the bubble? No, ‘Prices in parts of western Sydney as well as the inner Sydney and Melbourne apartment markets have fallen well below their mortgage costs.’ This isn’t surprising since: (a) there […]