For nearly a year now, APRA has actively been trying to get banks to lower the growth rate of their lending to investors.
Analysis firm LF Economics thinks there’s a serious property price bubble. And it could pop in 2017.
The Australian economy thrived on one thing — resources. Now that the resources boom is over, the fortunes of the Aussie economy are over too.
International investment and research firm PIMCO recently released a report saying that Aussies are borrowing too much to invest in housing.
Last week, CoreLogic (NYSE:CLGX) released their monthly report on rental rates. It wasn’t good news — at least, not for property investors.
The Foreign Investment Review Board says the new rules about foreign property buyers are already yielding results.
People need to stop blaming foreigners for high property prices. It’s a massive distraction from what’s really going on.
The numbers show that, month on month, house prices have gone down. But prices are still up for the quarter, and for the year to date.
That’s a lot of people flooding into capital cities. Cities that are already feeling the pinch in many areas. Not least of which is property prices.
If you want to know when stocks related to real estate are going to run ahead doesn’t it make sense to study the real estate cycle?