It’s a hot topic in the mainstream media right now. Hardly a day goes by without SMSFs being implicated in the Sydney & Melbourne property bubble.
While the US fiddles with monetary policy to meddle with house prices, the Australian government is set to interfere with banks to manipulate mortgage lending.
So, what’s next for Australian housing/? Is it a ‘miracle market’ that will never crash? Or like the one-time miracle Aussie economy, is its luck about to end?
Australian property prices are almost back to the 2010 peak. What does this mean? Did Australia miss the housing crash?
Australia's housing figures were better than expected, but worse than required. New home buyers have not been bullied into the market by lower interest rates.
Phil Anderson gives his take on the relationship between recent building activity, the commodities cycle and new technology.
Our stock market reacted to the bad news on housing. Usually bad news is shaken off like rain off a duck's back, but for once there was some selling.
Cancelling your mortgage is the best way you can go about protecting yourself from any financial debacle in Australia. And soon, anyone in Australia will be able to find out if they can get their mortgage cancelled too.
If you had to choose between saving for retirement and paying off your mortgage, which would you choose? It’s an incredibly tough question to answer.
If your mortgage documentation was manipulated, your loan could be reduced or extinguished altogether. You would own your home with far less debt owing, or no debt at all.