![How global housing prices have changed since 2010 [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/house-price-bg-270x200.jpg)
In many countries around the world, it seems like house prices have been constantly climbing. Houses fulfil a rare mix of necessity, utility, and sentimentality, and for many, also act as a primary investment to build wealth. And it’s that last angle, combined with increasing demand in many countries, that is driving housing prices skyward….
Think of a time when you felt vulnerable. Perhaps you were in a hospital corridor, or an exam hall, about to be tested. Now, focus on the building you were in. What if, without you knowing, the design of that space was affecting you? We study environmental psychology, a growing field of research investigating the…
Measuring GDP per capita is a common measure of economic wealth on a per-person basis. This article sorts countries according to the latest International Monetary Fund (IMF) projections on GDP per capita for 2023. Currently, this metric is at $13,920 globally in 2023, up from $13,400 in 2022 and $11,160 in 2020, all nominal figures,…
It has long been known that incomes in Australia are more evenly distributed than in the United States. But Australia has been thought to be a less equal society than many European ones, sitting somewhere in the middle between the United States and countries such as France. We can measure income equality using the so-called…
Treasurer Jim Chalmers has delivered his second budget with a heavy focus on cost-of-living relief for Australians who are struggling due to persistently high inflation and rising interest rates. While Chalmers says the economy should continue to create jobs and unemployment is expected to remain historically low, inflation remains the top economic concern. Chalmers says…
After witnessing record gains in wealth, ultra-high-net-worth individuals (UHNWIs) lost a combined $10 trillion last year. A lagging stock market dented these fortunes against high-interest rates, energy shocks, and economic uncertainty. But some of the world’s billionaires have flourished in this environment, posting sky-high revenues in spite of inflationary pressures. With data from Forbes Real-Time…
Does the type of lease agreement impact insurance cover? Yes, it can do! We explain… But first, let’s delve into the differences between the two main types of lease agreements – fixed-term and periodic. Fixed-term tenancies A fixed-term tenancy has a specific start and finish date. Once the fixed-term ends, you and your tenant can…
The Australian Competition and Consumer Commission’s latest Targeting Scams report indicates Australians reported more than A$3 billion lost to fraud in 2022. This is about a $1 billion increase in reported losses from 2021. Year after year, we’re witnessing a rise in monetary losses to fraud. Behind these figures sit millions of Australians who experience…
The idea of the 15-minute city, according to its originator Carlos Moreno, is that people are no more than a 15-minute walk or bike ride away from all the services they need to live, learn and thrive. The idea is appealing in its simplicity: it puts people and the environment at the centre of urban…
![Which countries believe WWIII is coming? [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/08/second-world-war-270x200.jpg)
After a pandemic, rampant inflation, a faltering global economy, and geopolitical flare-ups, it’s no surprise that people have a souring outlook on the future. Even so, the results of this recent survey by Ipsos are eyebrow-raising. In all 33 countries where polling took place, most respondents said a world war on the scale of WWI…
