This is an edited version of our latest Live show, with Leith van Onselen Chief Economist At Nucleus Wealth, and Founder Contributor to MacroBusiness.
Go to the Walk The World Universe at https://walktheworld.com.au/
Category: Property Market
Talking About An Australian Property Price Crash On The Radio!
This is a recording of a recent interview I gave on ABC New Radio, where I discussed the latest IMF report which highlights the risks to the Australian Property market. Australia has one of the most “misaligned” housing and rental markets in the developed world, leading to high priced land and houses.
Property prices in Australia may be as much as 50 per cent above what an average household can afford as interest rates rise, a global analysis has revealed while warning the market is at risk of a major crash as interest rates are pushed up to bring inflation under control.
We hold the prize for unaffordable housing, and rents, and the IMF believe we are due a correction. Is this likely? Will the Government save us?
http://www.martinnorth.com/
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FINAL REMINDER: DFA Live Q&A 8pm Sydney Tonight – Leith van Onselen: The 2023 Property Recession?
Join me for a live discussion with Leith van Onselen Chief Economist At Nucleus Wealth, and Founder Contributor to MacroBusiness.
You can ask a question live!
Its Edwin’s Live Property Rant Of The Year (HD Replay)
This is an edited version of our latest Property Rant, and live Boxing Day show in replay, discussing the latest from the property market and looking ahead to 2023.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
FINAL REMINDER: DFA Live Special: Property Rant Of The Year With Edwin Almeida 6pm Sydney Time Tonight!
Join me for a live discussion with our Property Insider Edwin Almeidia as we pick over the bones of the property market in 2022 and into 2023.
You can ask a question live! And we will have Doggycam 2.0 on line too…
Go to the Walk The World Universe at https://walktheworld.com.au/
DFA Live Q&A HD Replay: Tony Locantro – Year In Review And Ahead
This is an edited version of my recent live discussion with Investment Manager Tony Locantro from Alto Capital in Perth as we reflect on the year that was, and what is coming in 2023. Plenty more Locantro Bingo…
We fixed up the audio glitch which was on the live version https://youtu.be/9E4XqabXhzM
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Only Property Price Corrections Can Help Affordability!
We are now in the end game of a massive experiment, which is clearly failing. That experiment, cooked up by central banks, and with support from Government meant that interest rates and mortgage rates dropped, lending criteria loosened, and home prices shot up dramatically. The final phase of the up was through COVID when quantitative easing again drove debt higher, whilst luring households into a false sense of security – remember not rate rises til 2024?
But now, it’s all coming unglued as rates are rising, and the debt burden is becoming overbearing. Take Canada for example – based on a recent EBC report. They say that sky-rocketing home prices earlier in the pandemic raised the bar by several notches for Canadian buyers. But the spike in interest rates since March served a crushing blow in parts of the country.
http://www.martinnorth.com/
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Today’s post is brought to you by Ribbon Property Consultants.
Its Edwin’s Monday Evening Property Rant
The latest from our property insider Edwin Almeida, as we at the latest from the markets, listings and from China. Things are getting interesting….
https://www.ribbonproperty.com.au/
http://www.martinnorth.com/
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Bye-Bye New South Wales…
People are leaving NSW for other states, driven by the failure of housing and planning policy and ultra-lose lending. The consequences are significant in terms of younger households exiting, while the burden of providing adequate support for older Australians is rising fast.
This mess will create massive problems in the years ahead.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
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Buying property, is both challenging and adversarial. The vendor has a professional on their side.
Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.
Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.
Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.
New Zealand Home Prices Take Another Bashing…
The latest data from the REINZ shows more property market weakness.
https://www.reinz.co.nz/residential-property-data-gallery
Their commentary still tries to make a silk purse from a sow’s ear! Worth reading between the lines…
http://www.martinnorth.com/
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