Real estate

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Consumers won’t be able to use PEXA anytime soon but it might streamline the buying and selling of property. Dan Peled/AAP

Explainer: how the paperless property market works

The paperless property market is now a reality and it could provide a faster more efficient sales. But its unlikely any consumers will be using the system themselves.
Australians do business with a title office only a couple of times in their lives – when they buy and sell their homes, for instances. AAP/Paul Miller

What are the implications of privatising land title offices?

Privatisation has its advantages. But Australia’s title offices may not necessarily be the right government businesses to be privatised.
Several preventative measures can be taken to reduce the impact of fraudulent property industry behaviour on consumers. AAP/Dan Peled

How can we arrest the rise in white-collar crime in Australia’s property industry?

Consumers lose out when a real estate agent acts fraudulently – be that false advertising, deceptive conduct or misusing trust funds. Research shows a link between such misconduct and lower regulatory and educational standards.
The recent report on foreign investment in Australian property failed to address how to solve affordability issues. Joel Carrett/AAP

Foreign investment in real estate inquiry: a lost opportunity

The federal government has missed an opportunity to give serious thought to housing affordability in Australia. The House Standing Committee on Economics recently released its report on individual foreign…
The government is seeking a free trade agreement with China by the end of the year, but concerns still remain about Chinese investment in Australia. Daniel Munoz/AAP

Don’t be misled on Chinese foreign investment: read the facts

As Prime Minister Tony Abbott shifts his Asian tour focus to China, it seems likely the threshold for formal approval on Chinese investment in Australia will be raised to A$1 billion. But any move to open…
A former mortgage broker - who is now facing fraud charges - has blown the whistle on predatory lending practices in Australia’s financial services industry. Image from www.shutterstock.com

There are predators in our own backyard, but where are our financial watchdogs?

The level of sub-prime mortgages in Australia may be far in advance of what was previously assumed and provided for by banks. The story was broken on the ABC, and covered elsewhere. The revelations centred…
There is little evidence to suggest that foreign investment is driving up the prices of Australian real estate. AAP

Don’t blame foreign investment for rising house prices

One question that arises on the topic of real estate is the scale of foreign investment and ownership in Australia. It is understandable that the public has concerns about such investment, especially as…
Damned lies and statistics: the figures indicate a significant deficit of dwellings in Australia. But is the methodology sound? Capt' Gorgeous

Beware the rent-seeking organisation: don’t be dudded by housing data

One of the more interesting outcomes the 2011 Census produced was the figures concerning the housing market. The reason for this interest is how the results contrasted with the idea that Australia currently…

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