Potential Investment Properties

Thursday, 3 April 2014

Red Alert?

Australian household debt has hit a record 177 per cent of annual disposable income while housing valuations are "flashing red", according to Barclay's chief economist, Kieran Davies.

http://www.theage.com.au/business/the-economy/australias-house-prices-flashing-red-debt-to-income-ratio-at-record-levels-20140404-362bz.html

Auction clearance rates in Melbourne down for this record recent weekend to 65.9 per cent. There were a total of 1172 auctions on the weekend of 29-30 March 2014.

http://www.theage.com.au/business/heat-off-as-abundance-of-stock-reduces-clearance-rate-20140330-35rp6.html

Tuesday, 1 April 2014

The doubters continue...

Everyday there seems to be more articles published daily around the housing bubble, and the trend continues today, with a more focused approach on Melbourne and Sydney.

http://www.theage.com.au/money/investing/joining-the-rush-for-property-20140401-35uqk.html

A further article promoting the growth that is still left in the market for the short term, before a decline, rather than a crash

http://www.theage.com.au/money/investing/weighing-a-bubble-against-a-slump-20140401-35ur5.html

Another article focusing on the lending criteria of banks, and how their requirements have soften, leaving them at risk of exposure to defaults on home loans - mainly around the resource affected incomes that are declining, as well as the growth of unemployment.

http://www.theage.com.au/money/investing/hot-real-estate-spells-danger-for-banks-20140401-35uqh.html

To invest, or not to invest

Seems there are a number of articles that are pointing to the housing "bubble" that is the residential property mark in Australia - mostly around the growth figures of Melbourne and Sydney.

Who knows what it going to happen, but may as well keep some tabs on the articles that come out:

China developer crisis?

http://www.theage.com.au/business/world-business/china-facing-fresh-ghost-town-crisis-after-developer-collapse-20140318-34yw1.html

Housing Bubble fears:

http://www.theage.com.au/business/the-economy/housing-bubble-fears-property-prices-could-fall-10-to-20-per-cent-20140331-35sg7.html

Melbourne/Sydney hosue prices surge:

http://www.theage.com.au/business/the-economy/home-prices-surge-higher-melbourne-leads-the-way-20140401-35v38.html