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.
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.
Platforms like Airbnb have been blamed for reducing the rental housing supply and pushing up rents. But investors seeking more security might now want to offer their properties to long-term renters.
Coronavirus has changed the story for 2020’s property market.
The University of Wollongong Illawarra Flame House demonstrates how a typical Aussie fibro home can be transformed into a net-zero-energy sustainable home.
Dee Kramer
Buyers pay more for a home they know has a good energy rating. That’s worth an extra 2.4-9.4% in the only part of Australia where energy ratings must be disclosed at the time of sale.
Analysing big data can tell us how a big city ticks, including where suitable housing and jobs are, and how best to get to them.
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Sae Chi, The University of Western Australia and Linda Robson, The University of Western Australia
We have learnt to be wary of big data, but it can also be your friend: one platform combines and analyses data about housing, jobs and transport to reveal very useful information about living in Perth.
The share of households in Hong Kong led by single women has soared in recent decades.
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It’s natural to assume that a downturn in the property market is good news for people who’ve been priced out of the market. In practice, they might still not be able to buy a home.
You can’t build housing without land, and developers typically control the rate of which it’s released to stop prices falling.
Lukas Coch/AAP
The thing about new housing is you need land to build it on. Developers are able to control its release at a rate that doesn’t put downward pressure on prices.
Eliminating stamp duty would bring on more real estate transactions, but that might not be a good thing.
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It’s still mostly a case of ‘buyer beware’ when it comes to finding out about a property. But many buyers feel they should be told if, for example, it was the scene of a violent murder.