When comparing the performance of various property markets, most focus on the change in property values. But there is much, much more. I’ve included two tables this post. Please take 30 seconds to look at them. Most will focus on the price column in the first table and then spend most of their time reviewing…
James Carville, allegedly, helped win the Presidency for Bill Clinton in 1992 with a sign in the campaign’s headquarters saying, “The economy, stupid”. Well maybe there should be a sign saying – “Demographics, stupid” – on our desks as well. Many in the economic, town planning and property space, including investors, tend to ignore or…
The average floor area of a new free-standing house in Australia is 254 square metres. Our homes are much larger than those within Europe and even many American cities. Why has this occurred? It is simply economics. The actual land component of a new house and land package is very high and fixed. And these…
