Tuesday, March 8, 2011

Why Australia's property pulse is threading

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Home loans slip in January

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House prices on shaky foundations

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Gold Coast property faces 7-year glut

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Monday, November 22, 2010

Admitting Reality One Small Step At A Time

Interesting that the media is starting to acknowledge the possiblity house prices can fall. For so long the most they could admit to was "slowing growth". -As if rising property prices were a given.

"Property prices will fall as unsold stock levels soar, experts warn"

http://www.smartcompany.com.au/property/20101122-property-prices-will-fall-as-unsold-stock-levels-soar-experts-warn.html


"Rising interest rates add to homes stockpile"

http://www.news.com.au/money/rising-interest-rates-add-to-homes-stockpile/story-e6frfmci-1225958145835

Saturday, January 30, 2010

Cracks Are Beginning To Show For First Home Buyers

The issues I spoke about in July may already be coming to pass.

The Sunday Telegraph has reported:

-45% of first home owners in mortgage stress
-Homebuyers using credit cards for repayments
-Numbers to worsen as rates continue to rise

http://www.news.com.au/money/property/aussies-struggle-to-foot-mortgage-bill/story-e6frfmd0-1225825092977