Global House Price Crash

Housing industry’s missing persons reports pure fiction: news.com.au

admin — Sat, 04 Sep 2010 05:00:08 +0000

Don’t bet the house on a property price bubble bursting – typical spruik, nothing new here

admin — Sat, 04 Sep 2010 05:00:08 +0000

Interest rate rises: question is when, not if

admin — Sat, 04 Sep 2010 05:00:06 +0000

Interest rate rises: question is when, not if

Irish House is now Affordable.

admin — Fri, 03 Sep 2010 05:00:09 +0000

Rent rises making single mothers homeless – but hey, caring is in Labor’s DNA, right, and the …

admin — Fri, 03 Sep 2010 05:00:09 +0000

Crack shack, or mansion? (Vancouver)

admin — Fri, 03 Sep 2010 05:00:09 +0000

OK, repeat after me. SUB.. PRIME. Subprime. You got it!

admin — Fri, 03 Sep 2010 05:00:09 +0000

rent – $10,000 a month, flies – free

admin — Thu, 02 Sep 2010 05:00:09 +0000

Mining town dearer than Manhattan

High mortgage debt a danger in a downturn: house prices

admin — Thu, 02 Sep 2010 05:00:09 +0000

It’s good night Irene! MS is concerned the ratio of average house prices to average incomes has risen too far: that ratio increased along a steady path between 1960 and 2000, taking it from 180 per cent to 300 per cent. It’s since jumped to 500 per cent, with the result that average house prices are now about 35 per cent above their long-term trend. MS adds: “Much of the discussion on the residential market concentrates on owner-occupiers. But property owners represent a significantly larger risk if they become widespread sellers of their loss-making investments.”

Scratch below the surface of GDP figures…. (and you’ll find Australia’s old friend debt!)

admin — Thu, 02 Sep 2010 05:00:09 +0000