I think given the apartment oversupply, you are 100% right.
Adelaide tends to have sub-50 auctions a week. Its result is literally meaningless. It could be 90% one week and 10% the next week and it would...
You have to understand what these rates mean in context. e.g. in Sydney volumes are so low they're almost statistically useless at the moment...
Ultra low volumes makes it hard to get a good result for Sydney, and this has caused clearance rates to bounce all over the place. The fact Sydney...
Seems like a good thread after today's trade war escalation. Oof.
It's taking over 50 upcoming cases against the banks to the courts, most of them Royal Commission and lending related. The HEM case was not...
The RBA isn't capable of "rescuing the market" or downturns would never happen. The idea central banks can prevent a market wipeout (if it's going...
Well given credit growth for June actually fell despite the rate cuts, yes, that's very possible.
Perth's population was growing at 3% between 2011 and 2015, which is much faster than Sydney's current and recent growth rate (1.8% according to...
I always find it odd when people act like a 30-50% drop is some sort of crazy doomsday scenario. It's not that rare, people. It happened in half...
Why would Perth not be a valid comparison? What fundamentals do they not have? They had a rapid construction boom, rapid population growth etc, it...
Well, yeah, but Perth has bottomed out multiple times. Same with Darwin. (In spite of rate cuts and many other changes, too.) This sort of...
Until it can go for more than 6 months without crashing or skyrocketing, it's not a currency or an asset. People were saying it would go to...
I think the trouble is, people are often very influenced by the here and now. When there's no undersupply, people can't imagine it changing, even...
I mean it's in the Australian, they're not really a doom and gloom rag. If anything they're usually bullish on all things economic. I agree it...
Or they don't. Rental yields are low because of oversupply and the fact it's hard to get higher returns if there are too many assets in the...
Is one of the two main clearance rate reporters more reliable? Because Domain's is 73% this week down from 77%. Weird so see such a difference...
They're all recent ABS stats.
I don't even think it's stimulus. There isn't evidence (so far) the improvement has to do with the election or rate cuts, because it began close...
Or you don't. Think about the reason rate cuts happen. When yields drop and prices increase it is because of supply, not rate cuts.
Separate names with a comma.
