Category: Property Market

The Never-Never Evergrande!

Well, the China Evergrande saga rumbles on, as the ramifications of an easing Chinese property sector play out. Bloomberg reported that some China Evergrande Group bondholders received an overdue interest payment shortly before the expiry of a grace period, buying more time for the debt-stricken property developer as it tries to raise cash through asset sales. The shares were up nearly 10% on Friday to 2.78, well off recent lows, but then if you take a longer – say 6th month view then the story is rather different. Still on the mat. Though I still see some analysts saying both bonds and shares are a distressed bargain… we will see.

Certainly. certain holders of the 9.5% dollar note maturing in 2024 received notification they had been paid last Thursday. Evergrande skipped an interest payment due Sept. 29, starting the clock on a 30-day grace period before investors could declare a default. It’s the second time this month that the debt-stricken property developer avoided default.

Go to the Walk The World Universe at https://walktheworld.com.au/

APRA Adds A Little Late Spice To Its Mortgage Wet Lettuce!

APRA released their Macro-prudential Framework for consultation. We look at their approach, and consider the implications. Spiced wet lettuce comes to mind!

https://www.apra.gov.au/news-and-publications/apra-sets-out-framework-for-using-macroprudential-tools-to-promote-financial

The latest edition of our finance and property news digest with a distinctively Australian flavour.

Go to the Walk The World Universe at https://walktheworld.com.au/

You Could Lose Your House!

Property hi-jacking is on the rise. We look at the issue and what precautions people may be able to take. And will digital transfers make it more common?

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Its Edwin’s Monday Evening Property Rant

My latest chat with our Property Insider Edwin Almeida. From the French, to the RBA, and from under-quoting to a Kiwi invasion we cover it all. Plus Edwin tries to build a wall!

https://www.ribbonproperty.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

At The Limits – The DFA Daily 1st November 2021

In today’s show we look at massive over-quoting in Victoria, Macquarie’s massive mortgage growth, more CBA mis-selling, housing supply equilibrium in New Zealand and why the RBA is at the end of it’s capital leash. Wherever you look we are at the limits.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

And So The Dominos Fall: With Tarric Brooker

My latest Friday afternoon chat with Journalist Tarric Brooker, who is @AvidCommentator on Twitter.

In this show we discuss the RBA’s failed Yield Curve Control, Net Zero, and a batch of cool charts from Tarric on the economic outlook as the dominos fall….

Go to the Walk The World Universe at https://walktheworld.com.au/

Rental Crisis Looms: Property Signs 27th Oct 2021

In today’s show we look at the latest rental data which underscores the pressure many renters are under, examine the last gasp borderline mortgage applications being rushed through before APRA’s tighter rules come in next week, and we look at the comprehensive credit reporting regime, and why people want it further expanded.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Its Edwin’s Monday Evening Property Rant!

My latest chat with our Property Insider, Edwin Almeida. As listings rise, what is it doing to the market, and are people still looking at QLD as a safe harbour? And whats the story with high-rise?

https://www.ribbonproperty.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

Home Prices Could Get “Interesting”: Property Signs 25 Oct 2021

In today’s show we look at the latest property price forecast from some of the major banks, which signal potential easing momentum ahead, plus we look at the issue of reduced housing affordability with the prospect of higher mortgage rates. And the big unknown is how APRA and RBA will tune their macro-prudential measures ahead. And is negative gearing still under threat?

The latest edition of our finance and property news digest with a distinctively Australian flavour.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.