The real estate sector in the US took a downturn in the last two years. More than 2/3rd of real estate leaders in the US said that debts for refinancing and acquisitions are undersupplied. The outlook for 2024 is still not really promising, but there are more chances of growth this year. That’s mainly because…
Real estate is currently an industry in flux, going through its caterpillar-to-butterfly stage. This is, in part, due to blockchain shaking up the way buying, selling, and managing homes and buildings is done. The implications of Ethereum for real estate are quite profound, especially for investors who wish to find out the ETH to AUD…
![When Will the Global Population Start to Shrink? [Infograhic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2022/12/population-270x200.jpg)
Everyone alive today has only ever lived in a world with a growing population. And for the opposite to be true, the number of people being born would have to be outpaced by the number of people dying. As it happens, that particular inflection point is not too far off according to the latest estimates….
The latest national accounts show the Australian economy is struggling. It’s what you would expect after the sharpest series of interest rate rises on record, and is more or less what the Reserve Bank was trying to achieve to bring down inflation. Australia’s gross domestic product grew just 0.2% in the three months to June,…
In a market as competitive as today’s, selling a home or apartment is not as simple as putting up a sign and calling it a day. That’s because Aussie house hunters are shrewd, and typically attend open houses with a checklist of qualities that they’re looking for, whether they’re searching for their dream home or…
With the cost of living on the rise, many people are seeking side hustles to boost their income. One great way of using what you already have is transforming an unused spare room into an Airbnb listing. Unlike renting to a full-time tenant, Airbnb hosting offers you greater control and flexibility over your property. If…
Australia is among the strongest global performers in terms of income mobility between the generations, according to a new Productivity Commission report. The country’s long-term economic growth has led to each generation earning more than the last, on average. Our report finds 67% of the so-called “Xennial” generation – those born in 1976–1982, on the…
There’s a paradox about the way we respond to threats to the cost of living. On one hand, governments put in place subsidies for things such as rent and electricity, as the federal government did in this year’s budget. On the other hand, we get told these subsidies are inflationary because they put more free…
For decades, major cities worldwide have embraced medium-density housing as a way to strengthen urban areas, allowing more people to live in vibrant and livable neighbourhoods affordably and sustainably. Not so in Australia’s capital cities. And the reason why might surprise you. Sydney’s housing market has long been dominated by two extremes: expansive suburban homes…
For Australian investors trying to diversify their real estate portfolios, buying property in Dubai has become an increasingly appealing alternative. Dubai presents a steady and profitable market for international investors with its fast-growing economy, first-rate infrastructure, and appealing tax policies. This comprehensive article will go over the main factors Australian buyers of a Dubai property…
