The latest from our property insider Edwin Almeida as we look at the latest ways to “employ” people, the hidden cash flows in property, and how to drill a hole in a cement wall, and much more.
Our latest Friday afternoon chat with Journalist Tarric Brooker, as the US 2-year bond breaks above 5%.
How will inflation play out, what will the impact on home prices be, and have politicians got our interests at heart? Find out as we discuss more charts and viewer questions.
I caught up with Tony Locantro from Alto Capital in Perth , to discuss the current dynamics across markets, property and more. Managed to fill my bingo card again, but the messages are so relevant given the current state of play!
The latest from the ABS on retail turnover looked superficially stronger (and again the MSM went to town). But correcting for population growth and inflation it is a different story, and we know some are cutting back hard, while others are spending big on the offers and discount incentives. Nothing here to stop the RBA, in my view.
Latest data shows that more recent property purchases are being sold not long after buying, and some are going for a loss relative to their previous purchase prices (plus of course the various costs of transfer).
This is another sign of rising distress in the markets, with a focus on recent buyers (especially first time buyers in the past coupled of years) now faced with surging mortgage repayment costs. Areas in Melbourne and Sydney are most impacted so far.
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Another rant with Edwin, ahead of our live show tomorrow (8pm Sydney time Tuesday). What is playing out is a potential win for the construction sector, but many home owners and prospective purchasers are facing an uphill journey in the current environment.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Its Edwin's Monday Evening Property Rant! [Podcast]
The latest from the ABS highlights the rising number of workers with multiple jobs in an attempt to cover the rising costs of living. Many women working part-time in healthcare and related sectors are impacted.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
More Households Are Taking Multiple Jobs To Try And Get By!
In our latest show we review some of our predictions from earlier in the year, look at why the Chatterers are buying apartments in specific locations, and parse the latest numbers. Also, an important message for anyone considering renovating a bathroom or kitchen in a high-rise!
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Higher mortgage rates are starting to catch up on a number of fixed rated holders. Indeed over the next few months, higher home prices and the rate cliff will collide! What may happen? http://www.martinnorth.com/ Go to the Walk The World Universe at https://walktheworld.com.au/
Digital Finance Analytics (DFA) Blog
Mortgage Cliff Crashes Into Rising House Prices! [Podcast]