We’ve seen this before from Harry Dent – back in 2012 Harry Dent was saying that the Australian real estate market is a bubble ready to burst. Now he’s back in Australia to speak at seminars and to promote his book, “The Demographic Cliff”. He says that house prices are unsustainable and will fall by …
From The Age, “Households struggling to pay bills”: MORE than 10 per cent of Australian households – or 850,000 – spend so much on rent or mortgage payments they have little left over to cover other bills, a study shows. In particular, many households that rent are struggling, with one in four considered to be …
According to an article by Ian Verrender in today’s edition of “The Age” newspaper, property prices in Australia will not crash: Here’s the article in full – Case for a crash is a house of straw Now there are a LOT of Australians out there who think differently. They say that Australian real estate prices …
Australian finance blog “MacroBusiness” have done some analysis of the Australian property market compared with other English-speaking countries, and here’s what they’ve come up with: “The ratio of housing assets to GDP confirms the view that Australian housing is relatively expensive by international standards …” “As you can see, Australia’s national Median Multiples [comparing median …
Which way will the property market go? According to Harry Dent, real estate prices in Brisbane and Australia are about to come crashing down. Now we have Mr Zigomanis from BIS Shrapnel who has forecast a stable market before a 7 per cent increase in property prices over the 2012/13 financial year. So which way …
Harry Dent, the American financial newsletter writer who wrote “The Great Crash Ahead – How to Prosper in the Debt Crisis of 2010-2012”, is in Australia and saying that our real estate bubble is set to burst. He thinks there’ll be another worldwide economic downturn in 2012, and this will cause Australian real estate values …
The headlines are saying: Brisbane houses have lost more value so far this year than they did at the height of the 2008 global financial crisis. – Brisbane Times … which actually makes it sound worse than it is. Here are the facts: Brisbane house values fell 3.9 per cent in the five months to …
Earlier today I posted a comment by a property planner on “why the Australian housing market will not crash“. Well, now they have extra support from the big end of town. Here’s what BIS Shrapnel have to say in the media release for their Residential Property Prospects 2011 – 2014: Despite many capital cities recording …
“I don’t think the Australian market is going to crash. It will of course follow market cycles and will go through corrections of 5 to 10 per cent as it is experiencing at present … The Australian and US markets differ greatly from a tax and financing point of view but when we dig a …
From the Brisbane Times: “I’ve always gone out on a limb and remained positive in the face of everything throughout my 30-year-plus career. Now, I can’t. I have to be honest here. This is the beginning of the end of the higher end. I’ve never spoken so negatively about the property market to the media …