Property

Confessions of a frustrated financial planner

The recent Christmas/New Year period again provided time to meet less regularly seen family, friends and acquaintances and catch-up on what they have been doing. Inevitably, given what I do, the subject of personal finance often arose in some shape or form. And it’s not usually raised by me. Invariably, the initiator is looking for…

Will house prices ‘collapse’ if negative gearing is changed?

There is much confusion about the effects of Labor’s tax proposals with respect to investors in rental housing. They propose to grandfather existing arrangements. But investors in the future can only negatively gear newly constructed housing, while the policy recommends the capital gains discount fall from 50% to 25%. Claims by Prime Minister Malcolm Turnbull…

What proposed changes to negative gearing really mean

By Danika Wright, University of Sydney Negative gearing is set for its biggest change in decades. Once considered the sacred cow of federal government policies, both major parties are proposing changes ahead of this year’s federal election. The Labor party has already unveiled its policy, which involves only allowing negative gearing on new houses and…

A land value tax could fix Australasia’s housing crisis

Nicholas Ross Smith, University of Auckland and Zbigniew Dumieski, University of Auckland The major cities of Australia and New Zealand are experiencing an extraordinary wave of speculation in their respective real estate markets. Over the past three years, the median house price to median income ratio has increased by 21.2% in Australia and 18.1% in…

The housing game

From the property edition of New Philosopher magazine We’ve been travelling for forty minutes on unpaved road to get here and I’m expecting splendour, a Garden of Eden. The real estate pamphlet reads, “one of the most enchanting places on earth”, and there’s an image of a Japanese maple and a shimmering watering hole. The…

Four tax policies Australian house prices rest on

The issues of tax and house prices are colliding in new ways ahead of the release of the government’s options paper on tax reform later this year. Treasurer Joe Hockey is ramping up discussion of tax reform, but at the same time, the Reserve Bank among many others are calling for tax reform with respect…

Housing (and home loan) affordability … again

By Wealth Foundations The “experts” claim housing is as affordable as it was in the 1980’s … We have discussed housing affordability, either directly or indirectly, in a number of previous articles e.g. “Are Australian house prices too high?” of August 2012. Our view of almost three years ago was that housing prices then were…

Blowing bubbles: the tricky task of tackling Sydney’s property market

Amy Auster, Australian Centre for Financial Studies The debate over Sydney’s property price bubble (Yes there is! No there isn’t!) sits smack bang in the middle of one of the most fascinating economic questions of our time: how risky is sudden asset price inflation? And if the risk is judged to be high, what if…

INFOGRAPHIC: Australia’s housing affordability problem in 12 charts

Charis Palmer, The Conversation and Emil Jeyaratnam, The Conversation   >> BACK TO THE NEWSLETTER: Click here to read other articles from this week’s newsletter This article was originally published on The Conversation.

Five reasons housing is more affordable overseas

Richard Reed, Deakin University Housing affordability continues to be an issue of importance to voters, with a recent Fairfax-Ipsos poll showing 69% of Australian capital city residents disagree that housing is affordable for prospective first home buyers. Different countries have adopted varying approaches to improve access to affordable housing – with governments playing a central…

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