In an article for the website Property Update, Michael Yardney sheds light on few reasons why Australian property prices may remain perennially high (well, almost perennially!).
All Commentaries
These are all commentaries on articles and videos on the web that are interesting, relevant or simply entertaining to people interested in Sydney Real Estate.
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Cash Flow Versus Capital Growth
The reason why the negative gearing debate remains unsolved is because “capital growth or cash flow?” is a crux question which is actually very difficult to solve. In an article for the website Property Update, Michael Yardney adds further value to the subject.
Gap in Median Price of Houses and Units
An article on the website The Adviser puts focus on how the gap in prices of detached houses and units have risen in an unprecedented way in 3 capital cities wherein it is non-existent in a fourth capital city. In Canberra, Sydney and Melbourne, the hiatus has never been greater. Median Unit prices in Canberra, Sydney and Melbourne are 70.1%, 71.7%, and 74.2% of their house prices respectively.
Retain Negative Gearing Says Real Estate Body
An article on Your Investment Property sheds light on the request made by the Real Estate Institute of Australia (REIA) to the government to retain negative gearing. The supply-side pipeline is aided decisively by negative gearing and capital gains tax discounts and this can be marathon help in times of chronic undersupply of houses.
How to Use Low Interest Rate Climate Best?
In an article for the website Property Update, Kevin Turner talks about a few smart tips to make the most out of the low interest rate scene prevalent in Australia. Official cash rate has come down to a record-low of 2.25%, falling by a further 25 basis points last week. The big four banks have not hesitated any from passing on the benefits in full to the customers.
Building Approvals Yet to Peak
The optimists have got something to cheer about, what with building approval levels reaching a record high in the year that went by. In fact, for those with their eyes on the numbers, it is the first time that Australia went past the 200,000 mark – reporting 200,814 approvals last year.