It was widely expected that last year’s lockdowns, social distancing, and working from home rules would motivate many people to seek refuge in clean, green, covid free and more affordable regional areas. The latest housing market figures from CoreLogic (for March 2021) however, show that this exodus has not occurred. For the first time in…
Early last year the banks, economists and other analysts were wringing their hands, predicting economic gloom and claiming that our property markets were about to crash. Analysts and economists often rely on past performance to help them make predictions, so when the pandemic hit our shores, they scoured the history books to check what had…
There are many explanations for the current housing market boom, such as lower interest rates, relaxed borrowing rules, buyer grants, building incentives, stamp duty waivers and tax cuts. But while these have all contributed in some way to the rise in buyer demand, they don’t explain the dramatic increase in the number of potential buyers,…
Warren Buffet has just two rules that investors must follow to ensure success. His first rule is Never lose money and the second is Never forget the first rule. So how can investors use this wisdom to profit in the current market? It would seem that getting into a growth market is the best way to avoid losing…
Some experts are claiming that our property markets are heading for a boom, while others are warning that we could soon be in a price bubble about to bust. There’s a huge difference between property booms and price bubbles. Bubbles invariably bust and when they do, housing prices end up much lower than where they…
Our property markets ended the year strongly, with buyer demand pushing prices up almost everywhere as home buyers respond to lower borrowing costs and repayment buffers, plus grants, incentives and stamp duty waivers. Not only are these easier and cheaper borrowing conditions encouraging more buyers to enter the market, but they also give buyers more…
Whenever confidence returns to our property markets, the wolves in sheep’s clothing come back as well, ready to trap unsuspecting investors. With many parts of the property market rebounding from their pandemic induced downturns, the wolves have returned, cleverly disguising themselves with incredibly attractive schemes that promise to make you wealthy from property investment. They…
With so much media attention centred on housing demand and prices, here’s a look at the supply side to see what the post-pandemic market holds for property developers and the supply of property. Developers are often blamed for building unsightly, even unsafe high-density apartments and encouraging speculative investment, yet housing development has been the means…
Some experts are calling the new simplified lending rules a huge economic game changer which will deliver benefits for everyone, but I wonder if they could be more spin than win. It sounds fantastic in theory – a debt led recovery, with relaxed lending restrictions freeing up huge amounts of credit and supercharging our economy…
There’s an elephant that’s about to make its presence felt in the property market and it’s a huge potential game-changer. It won’t be deterred by rising unemployment, housing finance restrictions, buyer confidence or economic downturns. It has the power to radically alter housing prices and rents, and it’s about to be unleashed on our property…