Queensland housing defaults on rise as jobs lost
http://www.couriermail.com.au/news/queensland/queensland-hou...Submitted by PeteD 40 months, 1 day, 17 hours ago
And an interesting final quote: "But Lifeline's Ken Campbell said the court data on repossessed homes was misleadingly low, as many others in trouble with their mortgage repayments had been pressured to sell ahead of foreclosure.". Is anything in the property market NOT misleading? Join discussion...
As realty bites, Australians taste the American dream
http://www.theage.com.au/victoria/as-realty-bites-australian...Submitted by PeteD 40 months, 1 day, 17 hours ago
Australian's buying American real-estate. More credit binges! Join discussion...
Our real estate losers - a quarter of Sydney homeowners have lost money
http://www.dailytelegraph.com.au/news/our-real-estate-losers...Submitted by cij 40 months, 1 week, 20 hours ago
And the vested interests are still perpetuating the myth of riches through property investments. Join discussion...
Relax, the Greeks are doing fine
http://www.smh.com.au/business/relax-the-greeks-are-doing-fi...Submitted by PeteD 40 months, 3 weeks, 1 day, 5 hours ago
Greek debt compared to Australian debt. Join discussion...
Stressed out: waiting for the bubble to burst
http://www.smh.com.au/world/stressed-out-waiting-for-the-bub...Submitted by cij 40 months, 3 weeks, 2 days, 8 hours ago
In the US, when home 'owners' faced negative equity, the temptation to just give up and walk out (i.e. *deliberately* default) increases as the value of the house decreases. Could this happen in Australia? Join discussion...
Our investment property no-go zone
http://www.smartcompany.com.au/the-intelligent-adviser/20100...Submitted by PeteD 40 months, 3 weeks, 6 days ago
Property speculation vs property value investing - why we are in a bubble. Join discussion...
Residents fear public housing effect on prices
http://www.smh.com.au/national/residents-fear-public-housing...Submitted by cij 40 months, 4 weeks, 1 day, 3 hours ago
That's why any government attempts to solve the housing 'shortage' problem will come into opposition. That's why the next generation will be stuffed if the opposition have their way. Join discussion...
Demographia Housing Affordability Report 2010
http://www.demographia.com/dhi.pdfSubmitted by PeteD 41 months, 3 days, 2 hours ago
Australia's most affordable city is Ballarat...ranked 200. Australia = Affordability FAIL. Join discussion...
No hope for Aussie homebuyers as thousands struggle to foot the mortgage bill
http://www.dailytelegraph.com.au/news/no-hope-for-aussie-hom...Submitted by cij 41 months, 6 days, 18 hours ago
Even Shane Oliver says that this is a very "scary" survey. As the article reported, "Almost half the first-home buyers lured into the market by the Rudd government's $14,000 grant are struggling to meet their mortgage repayments and many are already in arrears on their loans." Join discussion...
Homeless figures are`distorting housing shortage'
http://www.theaustralian.com.au/news/nation/homeless-figures...Submitted by cij 41 months, 1 week, 2 days, 18 hours ago
A contrarian view on the housing shortage debate. Join discussion...
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