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YouTube - Real Estate Downfall
Funny short video about the real estate down turn. Sorry if inappropriate.
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Pricewise, a lower North Shore
http://www.smh.com.au/news/national/sydney-house-prices-slum...
Submitted by cij
1 week, 2 days, 22 hours ago
House price declines in Australia is just the beginning.
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Housing demand in a nosedive
http://business.theage.com.au/business/housing-demand-in-a-n...
Submitted by cij
2 weeks, 3 days, 20 hours ago
Buyers are waiting and watching, thanks to the economic uncertainty.
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New home sales slump again
http://business.smh.com.au/business/new-home-sales-slump-aga...
Submitted by cij
2 weeks, 6 days, 20 hours ago
"Australian home sales fell for the third successive month in September, with the first official interest rate cut in seven years failing to encourage more buyers into the market, a report shows."
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Stagnation danger for commercial property market
http://www.theaustralian.news.com.au/story/0,,24572620-25658...
Submitted by cij
3 weeks, 21 hours ago
That sales have fallen is no surprise, given the credit crisis. However, the big concern is that the banks, rather than endure the short, sharp bloodletting of distressed sales, will sit on troubled assets and that a stagnant market similar to that of Japan in the 1990s emerges.
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Price sting in the first-home buyers grant
http://www.theaustralian.news.com.au/story/0,,24573904-25658...
Submitted by cij
3 weeks, 21 hours ago
Property experts warn that if unemployment climbs towards 8per cent, then even those voters who claim the first-home owner grant at the right time, and in the right city, may find their mortgages harder to service despite lower interest rates.
"No one knows how high unemployment will go," Tim Lawless, the research director of property market analysts RP Data said yesterday.
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Sell, sell, sell: rich cut losses on property
http://www.smh.com.au/news/national/sell-sell-sell-rich-cut-...
Submitted by cij
1 month, 2 days, 23 hours ago
It shows how a deflation in stock prices can influence deflation in property prices.
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The Stimulus Package II: The Housing Market
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=FEF972...
Submitted by cij
1 month, 5 days, 14 hours ago
A good discussion on the recent Rudd stimulus package.
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Boost to first-home owner's grant 'nonsense'
http://business.smh.com.au/business/boost-to-firsthome-owner...
Submitted by cij
1 month, 6 days, 16 hours ago
Rudd's FHOG is the worst in the stimulus.
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House-hunters sit out storm and keep renting
http://www.theaustralian.news.com.au/story/0,,24492481-25658...
Submitted by cij
1 month, 1 week, 15 hours ago
At least one house hunter is closing his wallet.
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