There is a lot of publicity about housing affordability, of late. This seems to happen when markets change direction or focus.
Overview – A market’s position on the property clock is based around the strength and direction of several key real estate indicators. These indicators include:
Apparently, High-rise Harry will cease building apartments for rent if the NSW government implements rental reforms to improve security of tenure.
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.