News
Buyer demand is rising in the smaller capital rises, offsetting decline in Sydney and Melbourne. Westpac research confirms other data showing rising activity by first-home buyers. Terry Ryder discusses the core problem impacting on housing affordability, the high level of taxation inflicted by all levels of government. The stamp duty burden imposed on property buyers by state governments is at record levels and housing affordability is suffering. In this week’s episode, Terry criticises the way media converts economists' forecasts on real estate markets into fact, despite their long track record of getting it wrong. The RBA kept the offical interest rate unchanged this week and, according to one forecast, is unlikely to change before 2020. Media headlines are misrepresenting prices, with most markets still ahead of the levels of last year. Changes in the property market starting on July 1 will include new ways that GST is paid on new houses. Population growth is faster than ever before, with major impacts for real estate. In this week's episode of the Hotspotting podcast, Terry discusses the current national trend towards lower rental vacancy rates.
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Next ›
Demand Rises, Notably In Smaller Cities
First Home Buyers On The Rise
Hotspotting Podcast | Episode 51 - The Impact of Stamp Duty on Affordability
Stamp Duty Doubles In 8 years
Hotspotting Podcast | Episode 50: Crystal Ball Gazing
RBA ‘On Hold Until 2020’
Prices Rising In Most Key Markets
GST Changes Start 1 July
Population Growth Lifts As Driving Force
Hotspotting Podcast | Episode 49: Rents and Vacancies - June 2018
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