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Articles on Housing prices

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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…
Western Australia is one of only two state economies in the black. AAP

Boom and bust: the parlous health of our state finances

We are most of the way through a very long budget season this year, beginning with Victorian Treasurer Kim Wells in May and is not due to end till Queensland Treasurer Tim Nicholls delivers his first budget…
Flat earth approach: the tax burden on housing accounts for much of the financing cost of a new home. AAP

How taxing housing diminishes affordability

A fundamental truism of economics is that if you tax something, you get less of it. Tax is thus a good place to start in seeking to explain why Australia’s housing market is chronically under-supplied…
Australian suburbia: a work of art, but in the wrong place? Suburban Exterior (1993) - Howard Arkley/AAP

The devaluing dream; why Australian suburbia is an economic disaster

In spite of what everyone believes through natural pride and vanity, the family house is an asset that depreciates. Don’t be deceived that the value of property goes up and up, which of course it does…
Our property prices are propped up by a range of political, economic and even emotional reasons. AAP

Does Australia have the fundamentals to cope with our property prices?

Welcome to Safe as Houses, a series delving into a topic close to the heart of many Australians – property. This is not a series on where the market might be heading. Instead we aim to explore how we view…
The US Occupy movement has turned its attention from corporate greed to the housing market. AAP

As the Occupy movement targets housing, what can we learn here?

Welcome to Safe as Houses, a series delving into a topic close to the heart of many Australians – property. This is not a series on where the market might be heading. Instead we aim to explore how we view…
Could a housing bubble burst occur in Australia on the same scale as in the US during the financial crisis? AAP

Should we be bracing for an inevitable housing bubble bust?

By now it should be obvious to anybody who is not a banker or a real estate agent that Australia is in the grip of a substantial housing bubble. The greatest housing-price rise in the history of Australian…
Would you behave differently if you knew when the crash was coming? Dave Hunt/AAP

Pop science: predicting the end of Australia’s property bubble

Economists and physicists may seem like unlikely bedfellows, but then opposites often attract. Their union has recently produced a peculiar baby, a field of research known as “econophysics”. Physicists…

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