Search results

Given that new threads will be disabled from next week I thought it would be a good idea to get this thread started before that happens. Most of my posts here have been on the economy, macro factors and thoughts on how they will affect the property cycle (leading to some heated debates) and...

I'm seeing quite a few apartments in the Mawson Lakes area that have implied gross yields around 6.5-7.5%. Seems to be everything you need nearby for shopping. 20 minutes into the city by train. Uni campus and schools. Looks like rents & prices have gone nowhere for around 5 years...

Some interesting stats in this quarterly report from CommSec: https://www.commsec.com.au/content/dam/EN/ResearchNews/SOTS_Full_Report.pdf Not sure I'd include 'population growth' in SA a + (positive) at current levels, but probably the best stat we have going for us at present.

The Financial System Inquiry Final Report was released today and echoes some of the themes that I and others have put forward here in the past... http://fsi.gov.au/publications/final-report/appendix-2/ Good chance we see changes in this space over the next few years.

A recent thread on Somersoft showing a video of a woman getting unsolicited attention on the streets of New York was framed as showing we still have a way to go for gender equality. But this is what happened when a man did the same thing for 3 hours (link skips intro)...

Free 'Free Capital Growth Superstars Report'. Normally $99. https://hotspotting.com.au/reports/capital-growth-superstars/ Click BUY NOW button. Enter Coupon Code: ryderselect Checkout -> Sign-in or create an account Then visit the dashboard to see purchased reports & download. Just...

I know that there's been talk of an end to negative gearing for many years (most recently in the lead up to the budget), but I think there's a very real possibility that it comes to pass for established dwellings in the near future. I have been in email contact with Senator Nick Xenophon and...

Had a bit of a search online and here, but there doesn't seem to be many details publicly available for commercial loans. For a purchase in the $400-600k range. Metro Area. Office. What's the maximum LVR that can be expected (earlier threads suggest aim for 80%, but expect 70-75%?)? Does...

This discussion was started as a continuation from another: Given that private debt is issued through a bank who creates both the deposit and the loan together, then by your measure net debt would be 0 (as there is private savings in the system to match all debt)? I think that...

Interesting and extensive post on the MacroBusiness forums from a reader worth a look (won't post in entirety here, but goes through a lot of data): http://www.macrobusiness.com.au/forum-2/australian-economy-group1/property-forum2/sydney-high-density-units-gain-only-5kpa-thread162.0/ Of...

http://www.macrobusiness.com.au/2013/05/property-risk-is-at-it-highest-in-a-long-time Thoughts from the Somersoft think tank?

A property myth I see spread on this site quite regularly is that First Home Buyers don't matter because they makeup a small percentage of total sales every year, but as I have often argued, they are an enabler for upraders and essential to a strong property market. My thoughts echoed by...

http://www.macrobusiness.com.au/2012/10/new-home-market-still-the-worst-in-20-years/ http://www.theage.com.au/victoria/developers-urged-to-ditch-giveaways-as-demand-slumps-20121015-27n1p.html#ixzz29VzszRbv Stock on market continues to remain elevated (much higher than GFC levels)...

Not only do we have Glenn Stevens (who some have said is out of touch, not worth listening to) suggesting the boom growth in housing is over, but the MD of one of the 4 banking pillars. Read more...

Great speech IMO: http://www.rba.gov.au/speeches/2012/sp-gov-080612.html Stevens has been warning about leverage in the property market for some years now. Even encouraging people to pay down their home loans more quickly. I think we can safely say that the old "B&H, prices double in 7-10...

12 months ago I started this thread with a poll: http://somersoft.com/forums/showthread.php?t=71363 Will be interesting to see if sentiment has changed via the poll I have included. A technical recession is 2 quarters of negative GDP growth. When I started the last thread I was...

http://www.perthnow.com.au/business/local-owners-looking-at-negative-equity/story-e6frg2ru-1226247640456 As I pointed out in a recent post on my blog this development is only going to act to further dampen the market. It will put recent high LVR buyers in a position where they are unable to...

An interesting breakdown of an article that was in the AFR Saturday: Won't be long IMO before a lot more auctions end up in trouble as well after banks start cracking down on hammer price valuations... .

Quite an interesting index even though it's only a couple of months old: http://www.landmarkwhite.com.au/ http://www.landmarkwhite.com.au/secure/downloadfile.asp?fileid=1039035 - Analysis of major investment advertisements has seen 31.3% of total assets on the market being mortgage in...

Can I ask the reason that the thread on recession was closed and posts removed as "trolling"? http://www.somersoft.com/forums/showthread.php?t=71363&page=26 My post was not an attempt to "troll" and neither was the thread. Is Somersoft now a 'positive economic/housing news' only forum?