Residential Recovery?......Not Yet
No one wants to be that guy, the glass half empty guy. But the calls of a recovery in the housing market may be somewhat premature, perhaps even wishful thinking.
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Time to Fix The Real Issues - Stop Government Handouts for Housing
There is in fact no real affordability problem in Brisbane, Perth or Adelaide for that matter. This perpetual drive to have the government creating more handouts is the wrong approach simply because it is putting a band aid on the wound. The real issue is how do we stop the wound from occurring in the first place. If government was serious about addressing affordability, it has to attack the problem on multiple fronts. The first is by addressing the issue of youth unemployment and underemployment.
Read the Full ArticleGold Coast First Home Buyer Options in 2016
Are we looking at affordability the wrong way for first home buyers? Tas from our office recently pointed out that we need to stop focusing solely on housing and maybe start looking at other forms of accommodation. Here are his thoughts.
Read the Full ArticleInterest Rates Remain on Hold - Nothing's Changed ... Yet
Interest rates remain on hold at 1.50% by the RBA. What is somewhat ironic is that at the same time, there is a parliamentary inquiry into why the banks have not left interest rates on hold. RBA Governor Philip Lowe has stated that there has been an improvement to the global economy, though some uncertainties remain. He makes the case that America has passed the bottom of the interest rate cycle and that inflation has now started to rise in many advanced economies whilst the expectation of quantitative easing largely diminishes.
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