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.
To round off this week’s posts……Earlier this year, many were speaking about inflation coming back and big time, what with the Trumpet’s win and the US economy set to ignite; and China’s malaise being just a hiccup rather than a trend.
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:
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.