The lack of transparency in automated property valuations is worrying for anyone involved in the real estate industry. But our new framework audits the AI-generated results.
Academic rigor, journalistic flair
Articles on Property market
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In a competitive market, careful planning and research will increase the chance of you buying a property you want and can afford.
Small towns and villages have become places of both abundant investment wealth and social poverty.
The strategy seems to offer the best of both worlds – live in a place you can’t afford to buy while getting a foot on the property ladder elsewhere. But it’s not a panacea for our housing market woes.
Rural planning authorities largely operate according to the rationale that housing and service needs can more effectively be met in towns than in the countryside.
Australia builds only 45,000 new homes per quarter. If we really want to fix the rent crisis we’ll have to build more.
Falling property prices affect much more than people’s wealth.
Overconfidence and other cognitive biases help to drive up real estate prices. Here are three techniques used by real estate agents to exploit those biases.
The pandemic has seen more and more full-time employees working fully remotely – and seeking out cheaper, warmer places in which to do so. Property price hikes show the impact on local communities.
What is real estate actually worth? It depends a lot on who you ask and what method they use to work it out.
History indicates house prices are more likely to see a correction and prolonged stagnation, not a crash
Sydney’s Domain, Melbourne’s Dudley Flats and the banks of the River Torrens in Adelaide were just a few places where communities of people experiencing homelessness sprung up in the early 1930s.
Both major parties’ schemes would put upward pressure on house prices – but not much. Here’s why, according to a former Australian Treasury official.
Our surroundings will be very different over the duration of a typical mortgage.
When properties are connected, a leasehold provides an important workaround that a freehold cannot. But the system is vulnerable to abuse.
The fall-out from Evergrande’s problems will be widely felt.
As an ex-financial counsellor and former consumer credit educator for ASIC, here are the questions I’d encourage you to ask yourself to help you decide how much to spend on a home renovation.
To see just how far people were willing to go to win, we studied people’s behaviour in one of the most competitive bidding environments possible: a Dutch auction.
Buyers and renters are very rarely told the energy rating of housing, but don’t blame the agents. As it’s voluntary for existing homes, very few are rated, so it’s not a big factor in the market.
Voters who own housing are strongly invested in increasing the value of their wealth-generating assets. And they strongly favour the Coalition, which knows to protect their interests.
Top contributors
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Emeritus Professor, University of Sydney
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Head of Urbanism and Associate Professor of Urban Studies, School of Architecture, Design and Planning, University of Sydney
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Professor of Urban and Regional Planning, University of Sydney
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Professor of Economics, UNSW Sydney
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Emeritus Professor of Housing and Housing Studies, RMIT University
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Professiorial Fellow, The University of Melbourne
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Director and Professor, Australia-China Relations Institute (ACRI), University of Technology Sydney
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Professor of Housing Research and Policy, and Associate Director, City Futures Research Centre, UNSW Sydney
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John Curtin Distinguished Professor & ARC Future Fellow, Curtin University
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Associate Professor, Geography and Urban Studies, Western Sydney University
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Professor of Housing Economics and Director, UK Collaborative Centre for Housing Evidence, University of Glasgow
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Senior Research Fellow, City Futures Research Centre, UNSW Sydney
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Research Fellow - Henry Halloran Trust, University of Sydney
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Professorial Fellow, The University of Melbourne
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Program Director, Economic Policy, Grattan Institute
