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The week that was in property
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The week that was in property

Retail trade data for January 2016 was released by the Australian Bureau of Statistics (ABS) earlier this week. After retail trade Retail trade data for January 2016 was released by the Australian Bureau of Statistics (ABS) earlier this week.  After the value of retail trade fell by -0.1% in December 2016, retail sales rebounded by…

Five Solutions to Housing Unaffordability Crisis
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Five Solutions to Housing Unaffordability Crisis

The five Solutions to housing unaffordability Crisis… 1. Cut the immigration intake It’s a rather obvious solution and is entirely logical. Yes, housing affordability is a demand and supply game. If you cut demand relative to supply, affordability will likely improve. Sadly, some sections of the political left will use this idea as a weapon…

My Take on Housing Affordability
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My Take on Housing Affordability

One minute read. One trigger to a potential housing market reset is low affordability. Traditional housing has become increasingly expensive. The accepted affordable housing benchmark is 3 to 4 times household income. Nationwide, it now exceeds 6 times. See chart 1. Sydney and Melbourne are now very unaffordable by this measure. See table !. above…

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