No rate change again today. The smarties tell me that a neutral interest rate setting is when the yield curve is at 0.5%.
Much, these days, is written about price growth, and to some extent, about rents. A lot of it looks backwards, telling us about past performance. Most of it is nonsense. Less is said about future trends.
We have assisted several property players in recent months with their project feasibilities. Our approach is always the ‘martini glass’.
Take a few minutes to look at the table below.
Some recent stuff that has gone missing includes – Average Australian household size:
Is the internet the new electricity? It was recently claimed to be the “biggest change to humanity in over 200,000 years”.
Give yourself a hearty pat on the back, because if you are reading this, you are most likely involved in the property or real estate sector, either as an active participant or as a property owner.
A billion – in Australia – is $1,000,000,000. You see this amount written everywhere these days. You cannot escape it.
Investment matters, private expenditure, in particular. It reflects confidence. Where business invests, economic growth and jobs often follow. People move to where there is work.
I like to walk. I try to do that most days. Soon, the evening meander will be replaced with a morning one. Increasingly, peeps are interested in want I am reading or listening to.
