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House price growth to slow – or grow?

It seems conflicting views of the Australian property market have begun to emerge, as could be reasonably expected around this time in the cycle before someone realises the emperor may be scantily clad. House price growth to slow says expert | Herald Sun. Economists predict 22pc house price rise The emergence of diverging opinion in mainstream press heralds some interesting times ahead the for the Australian economy, and possibly some quite...

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The Unproductive Housing Sector

All the current system has effectively achieved is to divert a massive chunk of our economy to a fixed, immobile and unproductive sector – housing.  Houses do not product anything or generate any wealth – businesses do.  It is questionable that a family should even need to  consider negative gearing to lower tax. The current structure also penalises mobility – this harms the economy – by making it unattractive or...

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Australian Property Market Bubble

In Market News this Week. from one of your humble editors favourite market blogs, comes this interesting comment: “What’s surprising, is how many bloggers mentioned they were going to switch to interest only home loans. It appears that many people have borrowed more than they could afford at these low rates and now are struggling to make the repayments with the increase. “ What is surprising to me is that anyone was actually...

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