Further to yesterday’s post…AHURI, a national independent research network, undertakes regular housing-orientated studies. Their reports are subject to strict peer review.
A few weeks back, the talking heads applauded the return of the first home buyer. A sample of what was written in the press follows:
There’s a state election coming in Queensland, and it could be a bellwether for the nation. Do you know the fundamental differences on housing policy between the three major parties?
Take a full 30 seconds, engage your brain and run your eyes over our charts.
Some 1.1 million new homes have been built across Australia over the past decade. According to the census, most were detached houses, followed by townhouses and then apartments.
We know that the number and proportion of unoccupied homes across Australia is increasing. The latest national count found that 11.2% – or about one million – of our private dwellings were empty at this time last year.
The last of the inflation reports – the producer price indexes – out last week, confirms the absence of significant inflationary pressures. Hence, no change in official interest rates yesterday.
The RBA guv, Philip Lowe, delivered an important speech last week titled, “The Labour Market and Monetary Policy”.
There is little doubt that our working environment is changing. We are seeing fewer full-time jobs; more part-time work and less wage growth. More are also working a second job to help make ends meet.
As mentioned last week, this post we continue with bedroom trends. Here, we are looking at what has been happening in our townhouse type stock and high-rise apartments.