Not before time, via the NAB property survey. New property holding up for foreign buyers:
Not so established:
In aggregate, increasingly a much better mix:
By state:
Not sure what the driver is but with the withholding tax arriving July 1st, they’re likely to get more scarce.
Full report.
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
Latest posts by Houses and Holes (see all)
- Why the Fed “put” is far below - May 25, 2022
- Daily iron ore price update (bridges to nowhere) - May 25, 2022
- Why Chinese stimulus isn’t going to work - May 25, 2022
YOU MAY ALSO BE INTERESTED IN
Australian home ownership stable despite soaring prices
The Australian Bureau of Statistics (ABS) has
EMERGENCY! Trigger the ADGSM now
Here's what the Australian Industry Group said
Half of Australian building companies trading insolvent
Recently we have seen multiple major residential
Australia headed for rental market calamity
CoreLogic's latest housing affordability report