September 11, 2023
Join us as a we take a quick look at the Australian property market throughout August 2023. We'll point out the highs, the lows, and everything in between across our capital cities. We'll also delve into the forces that have been driving these changes and share our thoughts on where we are heading in the months ahead.
September 11, 2023
Game theory, in essence, is the study of how people make decisions in strategic situations, where the outcome depends not only on their own actions but also on the actions of others.
At first glance, you might wonder, "How is this relevant to real estate?" As it turns out, the art of property negotiation can involve many of the same principles. Game theory can offer a fascinating lens through which both buyers and sellers might enhance their negotiation skills.
In this article, we’ll explore some simple game theory concepts and discuss how they apply to real estate.
September 11, 2023
A couple of weeks ago, the media was abuzz with reports of a new housing policy discussed at a meeting of the national cabinet in Brisbane. Alongside state leaders, the Prime Minister announced ‘a better deal for renters’ via a $3 billion assault on perceived low housing supply.
"All governments recognise the best way to ensure that more Australians have a safe and affordable place to call home is to boost housing supply," Prime Minister Anthony Albanese said in the announcement.
August 21, 2023
Inflation: An increase in the overall price level of an economy, often measured in terms of CPI (consumer price index) via the changing cost of a ‘basket of goods’ over time. Down from a 7.8% peak earlier this year, inflation now sits at 6%. A definite improvement – but still well outside the 2-3% range that the reserve bank is tasked with maintaining.
(RBA, 2023)
Understanding the major effects of this upon the economy is simple enough. Goods and services are getting more expensive, and our purchasing power is eroding, as the ‘value’ of a dollar declines.
August 18, 2023
The Australian housing market is an incredibly complex entity, shaped by an interplay of various factors that create distinct trends and patterns. One factor that often goes unnoticed, but plays a vital role in understanding the housing market, is the average household size.
Over the past few decades, the average number of people living in each Australian household has steadily declined from 2.9 in the mid-1980s, driven by factors such as an aging population, falling fertility and marriage rates, and higher household incomes.
August 11, 2023
Join us as a we take a quick look at the Australian property market throughout July 2023. We'll point out the highs, the lows, and everything in between across our capital cities. We'll also delve into the forces that have been driving these changes and share our thoughts on where we are heading in the months ahead.
August 10, 2023
In the previous article, we began to explain the yield curve by looking at the mechanics of bonds and bond markets – start there if you haven’t already!
In this article, we’ll tackle the yield curve, and examine what it can tell us about the likelihood of a recession.
Pulling everything together from before, we arrive at the yield curve.
August 10, 2023
Recently, there’s been no end of provocative and alarming headlines written about the Australian economy, with words like ‘crisis’ and ‘recession’ readily thrown around.
A major driver of this concern is that Australia’s yield curve has inverted – something that hadn’t happened previously since 2008.
But what makes this a big deal?
And what is a yield curve anyway?
To break this down, we first need to understand how government bonds work and what makes them an important component of the economy.
August 8, 2023
As we venture further into the digital age, a seismic shift in the conventional work setup — from traditional office environments to remote settings — is reshaping the landscape of our society and, by extension, the real estate market.
In today’s article, we’re investigating a few of the defining trends at play, and discussing what they could mean for us as property investors.
August 8, 2023
Recent years have seen an incredible explosion in the popularity of ‘short-stay’ rentals. Sites like Stayz, Vrbo and Airbnb have made it extremely simple for investors to experiment with short term renting in favour of conventional, long-term, rental agreements.