Download or read book Is the Australian Housing Market in a Bubble written by Dr John S Croucher and published by Generis Publishing. This book was released on 2022-02-16 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2021, Australia's pandemic property market experienced the fastest annual pace of growth since 1989. This book is a rigorous study of prior housing bubbles in Australia, incorporating analysis of the pre-pandemic housing boom starting in 2012. It includes a discussion of how best to balance monetary policy, fiscal policy and macroeconomic policy to optimize the steady and stable growth of the Australian housing market, and reconsiders policy implications including related and complementary policies such as affordability schemes and construction incentives as well as the involvement of industries associated with the property.
Download or read book Bubbles and Crashes in the Australian Residential Property Market written by Dirk G. Baur and published by . This book was released on 2017 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the evolution of Australian property prices, the relationships between cities, houses and units, the stock market and monetary policy. Using monthly house and unit prices for all eight capital cities we identify extended periods of explosive positive price changes followed by comparatively small corrections and no crashes. A comparison with Australian equity prices further reveals that the average risk and return are more favorable in the housing market emphasizing fundamental differences of the two markets such as liquidity and short-sale constraints. We also find evidence for financial contagion from the equity market to the housing market. A Vector Autoregression (VAR) shows that house price changes have a relatively strong effect on cash rate changes and thus monetary policy. The relative stability of Australian property prices over the last 20 years suggests that policy makers played a role by providing an accommodating environment.
Download or read book Japan Foreclosed Property 2015 16 written by Andrew Sheldon and published by Andrew Sheldon. This book was released on 2015-10-04 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Japan Foreclosed Property is a guide for English-speaking foreigners to avail of the opportunities to buy foreclosed property in Japan at a substantial discount through court-admnistered tenders. The guide provides the reader with a broad array of resources inclusive of the political, economic, social pretext for investing in property in Japan, as well as how to participate in the process, how to research, strategies, what you need to do, and how to fix up properties. The guide is targeted at English speakers, because the author purchased several foreclosed properties in Japan, and he saw the opportunity for a guide for those people who wish to live, retire or holiday in Japan, because the country is highly regarded by expatriates.
Download or read book The Housing Boom and Bust written by Thomas Sowell and published by Basic Books (AZ). This book was released on 2009-05-12 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains how we got into the current economic disaster that developed out of the economics and politics of the housing boom and bust. The "creative" financing of home mortgages and "creative" marketing of financial securities based on these mortgages to countries around the world, are part of the story of how a financial house of cards was built up--and then collapsed.
Download or read book Mastering the Australian Housing Market written by John Lindeman and published by John Wiley & Sons. This book was released on 2010-12-01 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wanting to invest in property but don't know where or what to buy? Feeling overwhelmed by all the property market information that's available? In Mastering the Australian Housing Market property expert John Lindeman provides the information and tools you need to invest with confidence, explaining when to buy, where to buy and what to pay. He also shares some invaluable truths that will help you avoid the mistakes may investors make and get the best people results from your investments. Inside you'll discover: how the Australian housing market works how to test the information you heard about the market where to buy for high capital growth and rental returns techniques and tools to estimate property values and predict expected returns the best time to buy and sell. Easy-to-understand case studies show you how to undertake your own market analysis, using data that is freely available. Mastering the Australian Housing Market is a must-read for anyone looking to succeed on their property investment journey.
Download or read book Australia written by Lindsay David and published by CreateSpace. This book was released on 2014-04-13 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia: Boom to Bust dives deeply into the plausible collapse of the "Three Pillars" of the Australian economy: Banks, Natural Resources and Real Estate. Lindsay David provides commentary on the state of the Australian economy and identifies major defects in the structures of the Three Pillars. Toxic levels of private sector debt sponsored by Australia's largest banks has managed to flood already-inflated asset classes of the Pillars on the back of a once-in-a-lifetime construction boom and property bubble in China. Suggests that the Australian economy has lost touch with reality and has gambled away its banking system to propel the mining and property markets into unchartered waters.
Download or read book Boom and Bust written by William Quinn and published by Cambridge University Press. This book was released on 2020-08-06 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.
Download or read book Australian Real Estate Investing Made Simple written by Konrad Bobilak and published by Global Publishing Group. This book was released on 2020-07-01 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical and detailed Australian guide exposing the 'secret recipe' of how to build, structure and automate a multi-million dollar property portfolio that will enable you to create financial independence and the lifestyle that you and your family deserve! - In this book you will discover advanced Australian property investing strategies, and learn specific real estate finance and property due-diligence methodology, that will give you the confidence and skills to start building your property portfolio as soon as you finish reading this book. - Learn how to set up your loans correctly, asset protection structures, and identify the very best areas for growth properties in Australia that will enable you to fast-track your ability to build a Multi-Million dollar property portfolio in your spare time. - This book reveals the ‘secret recipe’ on how to correctly structure your finances with the objective of maximising leverage and tax efficiency, whilst focusing on buying more investment properties and simultaneously paying off your home loan in record time, thus saving you tens of thousands of dollars in unnecessary interest payments over the life of the loan. - Gain insights on how to understand property cycles, state by state, and exactly how to hone in, with laser-like precision, on Melbourne’s hot spots in 2020 and beyond. - How to conduct a cash-flow analysis in order to compare the advantages and disadvantages of different types of investment properties, i.e. house and land, townhouses or apartments. - How to identify, assemble, and leverage, the very best property consultants and property industry experts that will take years off your learning curve, and enable you to grow your portfolio in the most efficient way possible.
Download or read book Asset Price Bubbles written by William Curt Hunter and published by MIT Press. This book was released on 2005 with total page 650 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of asset price bubbles and the implications for preventing financial instability.
Download or read book Market Analysis for Real Estate written by Rena Mourouzi-Sivitanidou and published by Routledge. This book was released on 2020-08-06 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Market Analysis for Real Estate is a comprehensive introduction to how real estate markets work and the analytical tools and techniques that can be used to identify and interpret market signals. The markets for space and varied property assets, including residential, office, retail, and industrial, are presented, analyzed, and integrated into a complete understanding of the role of real estate markets within the workings of contemporary urban economies. Unlike other books on market analysis, the economic and financial theory in this book is rigorous and well integrated with the specifics of the real estate market. Furthermore, it is thoroughly explained as it assumes no previous coursework in economics or finance on the part of the reader. The theoretical discussion is backed up with numerous real estate case study examples and problems, which are presented throughout the text to assist both student and teacher. Including discussion questions, exercises, several web links, and online slides, this textbook is suitable for use on a variety of degree programs in real estate, finance, business, planning, and economics at undergraduate and MSc/MBA level. It is also a useful primer for professionals in these disciplines.
Download or read book Explosive Behaviour in Australian Housing Markets written by Philip Ji and published by . This book was released on 2015 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using recently developed econometric procedures (Phillips, Wu and Yu, 2011; Phillips, Shi and Yu, 2015), we find evidence of temporary episodes of explosive behaviour in price-to-rent ratios for established houses, in five of Australia's largest cities. One interpretation of our results is that stochastic, rational bubbles were a feature of Australia's major housing markets; particularly during the early to mid-2000s. However, further analysis of each city's price-to-rent ratio indicates a very different pattern of behaviour in Sydney and Perth to that experienced in Brisbane, Adelaide and Canberra. For the latter three cities, we present evidence suggesting the explosive root tests are likely capturing the effects of a one-time structural break in their respective price-to-rent ratios. In any event, based on the estimated timing of the explosive episodes in Australia's housing markets, there is little evidence that what might be identified as house price bubbles had any important negative consequences for the wider economy. Despite the ability of the econometric procedures to provide a real-time signal of explosive behaviour, results from Australian housing markets, suggest policymakers need to be cautious in responding too aggressively to a positive signal from the tests.
Download or read book Australia s Unintended Cities written by Richard Tomlinson and published by CSIRO PUBLISHING. This book was released on 2012-11-23 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australia’s Unintended Cities identifies and researches housing and housing-related urban outcomes that are unintended consequences of other policies, the structure of incentives and disincentives for the housing market, and governance arrangements for metropolitan areas and planning and service delivery. It is argued that unintended consequences have a greater impact on the housing market and Australia’s cities and their future than policies directly concerned with housing, urban policy and metropolitan strategic planning. The book will inform policy makers, including government officials, consultants and politicians. It will also be used by academics and students in various areas of urban policy, such as housing and urban planning, as well as environment, public policy and economics.
Download or read book Global Housing Markets written by Ashok Bardhan and published by John Wiley & Sons. This book was released on 2011-10-27 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: A global look at the reasons behind the recent economic collapse, and the responses to it The speculative bubble in the housing market began to burst in the United States in 2007, and has been followed by ruptures in virtually every asset market in almost every country in the world. Each country proposed a range of policy initiatives to deal with its crisis. Policies that focused upon stabilizing the housing market formed the cornerstone of many of these proposals. This internationally focused book evaluates the genesis of the housing market bubble, the global viral contagion of the crisis, and the policy initiatives undertaken in some of the major economies of the world to counteract its disastrous affects. Unlike other books on the global crisis, this guide deals with the housing sector in addition to the financial sector of individual economies. Countries in many parts of the world were players in either the financial bubble or the housing bubble, or both, but the degree of impact, outcome, and responses varied widely. This is an appropriate time to pull together the lessons from these various experiences. Reveals the housing crisis in the United States as the core of the meltdown Describes the evolution of housing markets and policies in the run-up to the crisis, their impacts, and the responses in European and Asian countries Compares experiences and linkages across countries and points to policy implications and research lessons drawn from these experiences Filled with the insights of well-known contributors with strong contacts in practice and academia, this timely guide discusses the history and evolution of the recent crisis as local to each contributor's part of the world, and examines its distinctive and common features with that of the U.S., the trajectory of its evolution, and the similarities and differences in policy response.
Download or read book Can We Avoid Another Financial Crisis written by Steve Keen and published by John Wiley & Sons. This book was released on 2017-05-09 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Financial Crash had cataclysmic effects on the global economy, and took conventional economists completely by surprise. Many leading commentators declared shortly before the crisis that the magical recipe for eternal stability had been found. Less than a year later, the biggest economic crisis since the Great Depression erupted. In this explosive book, Steve Keen, one of the very few economists who anticipated the crash, shows why the self-declared experts were wrong and how ever–rising levels of private debt make another financial crisis almost inevitable unless politicians tackle the real dynamics causing financial instability. He also identifies the economies that have become 'The Walking Dead of Debt', and those that are next in line – including Australia, Belgium, China, Canada and South Korea. A major intervention by a fearlessly iconoclastic figure, this book is essential reading for anyone who wants to understand the true nature of the global economic system.
Download or read book Housing Market Dynamics in Africa written by El-hadj M. Bah and published by Springer. This book was released on 2018-03-12 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book utilizes new data to thoroughly analyze the main factors currently shaping the African housing market. Some of these factors include the supply and demand for housing finance, land tenure security issues, construction cost conundrum, infrastructure provision, and low-cost housing alternatives. Through detailed analysis, the authors investigate the political economy surrounding the continent’s housing market and the constraints that behind-the-scenes policy makers need to address in their attempts to provide affordable housing for the majority in need. With Africa’s urban population growing rapidly, this study highlights how broad demographic shifts and rapid urbanization are placing enormous pressure on the limited infrastructure in many cities and stretching the economic and social fabric of municipalities to their breaking point. But beyond providing a snapshot of the present conditions of the African housing market, the book offers recommendations and actionable measures for policy makers and other stakeholders on how best to provide affordable housing and alleviate Africa’s housing deficit. This work will be of particular interest to practitioners, non-governmental organizations, private sector actors, students and researchers of economic policy, international development, and urban development.
Download or read book Housing Economics written by Geoffrey Meen and published by Springer. This book was released on 2016-04-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world has still to emerge fully from the housing-triggered Global Financial Crisis, but housing crises are not new. The history of housing shows long-run social progress, littered with major disasters; nevertheless the progress is often forgotten, whilst the difficulties hit the headlines. Housing Economics provides a long-term economic perspective on macro and urban housing issues, from the Victorian era onwards. A historical perspective sheds light on modern problems and the constraints on what can be achieved; it concentrates on the key policy issues of housing supply, affordability, tenure, the distribution of migrant communities, mortgage markets and household mobility. Local case studies are interwoven with city-wide aggregate analysis. Three sets of issues are addressed: the underlying reasons for the initial establishment of residential neighbourhoods, the processes that generate growth, decline and patterns of integration/segregation, and the impact of historical development on current problems and the implications for policy.
Download or read book The New Geography written by Joel Kotkin and published by Random House. This book was released on 2002-01-29 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the blink of an eye, vast economic forces have created new types of communities and reinvented old ones. In The New Geography, acclaimed forecaster Joel Kotkin decodes the changes, and provides the first clear road map for where Americans will live and work in the decades to come, and why. He examines the new role of cities in America and takes us into the new American neighborhood. The New Geography is a brilliant and indispensable guidebook to a fundamentally new landscape.
