A few weeks back I mentioned in passing the Federal Housing Minister. This prompted several on the Missive mailing list to ask me what I would do if I held that position. Serendipitously, I engaged in a similar online discussion a week or so ago and that resulted in being asked …
Blog Posts
A few weeks back BIS Oxford Economics made a big call, suggesting that the median Brisbane house price could rise by 20% or by $113,000, over the next three years. This made the front page of several newspapers and split the online real estate community with many sharing the prediction …
Here’s a typical example of THE Monday morning real estate headline these days: Buyers flock to weekend auctions Preliminary data from CoreLogic shows that Sydney’s residential market recorded an auction clearance rate of 77.2 % on the week of the 8-14 July, compared with 46.9% at the same time in …
Few will oppose that we should be creating more affordable homes. Yet from the get-go it is bloody hard; if not impossible. I, like many others, have reasoned that changing our existing planning schemes and widening our product choice would help deliver more affordable housing; but even if that was …
I keep getting emails telling me about how much more affordable housing has become now that interest rates are declining. Yet the evidence is wafer thin, with more often than not, an index chart attached to the spruik which needs a magnifying glass and a lot of imagination to see …
A few weeks back the mainstream press ran a real estate puff piece about how much house and unit prices have grown in select suburbs in Queensland. Be very wary of this evidence. It is full of survey bias. There is no way that the same house in Auchenflower bought in …
I am often asked how someone decides what house to buy. My answer is “The best price they can find at the time”. Others in my space will wax lyrical about being close to work, in the right school zone or being near public transport. These factors do play a role …
According to a recent survey by The Committee for Brisbane some 88% of its members are in favour of a Brisbane/SEQ Olympic bid for the 2032 Games. Most (91%) see improved and delivered transit infrastructure as a major outcome of housing the Games. In addition, many see an increased brand …
I wish I had a buck for every time someone of late spruiked south east Queensland’s pending real estate boom. The usual misinformed drill is in play – improving net migration to Queensland and the proposed big government spend on SEQ infrastructure projects means more jobs and rapid property price growth. Hmmmm, the …
This post I look at the projected increase in the number of households in Australia. I have included two tables. Table 1: Summary Location Total households Annual increase % share of total increase % increase in city size 2019 2029 Australia 9,648,665 11,205,601 155,694 100% 16% Capitals 6,335,403 7,533,768 119,837 78% 19% Regions …