• Australian Property Prices

    House prices in Australia have become so unaffordable that many young families simply cannot buy into the market. Wealthy Australians have become a nation of property “investors” thanks to a series of government policies that allow and encourage it. The lower and middle class have either been burdened with massive debt, or they are stuck renting for the rest of their lives. In the 1970s, the average house price was about twice the average annual income. If we used today’s figures as a guide, the average home should only cost about $140000 to $150000. But in reality, the average Australian house price is much higher. Homes in Brisbane have a median cost of $478000; Perth $515000; Melbourne $595000; and finally Sydney comes in at a whopping $776000. Bubble, Bubble By many definitions of t...

    published: 13 Jun 2017
  • Money Talks: Australia’s house bubble

    The dream of home ownership is fast becoming a nightmare in Australia. Property prices in major cities like Sydney and Melbourne are rising fast, putting them out of reach for many. And economists warn the real estate bubble is about to burst. Mobin Nasir reports. We spoke to economist Saul Eslake and Professor Timo Henckel, who is a research fellow at ANU College of Business. Subscribe: https://www.youtube.com/channel/UC7fWeaHhqgM4Ry-RMpM2YYw?sub_confirmation=1 Livestream: http://www.youtube.com/c/trtworld/live Facebook: https://www.facebook.com/TRTWorld Twitter: https://twitter.com/TRTWorld Visit our website: http://www.trtworld.com/

    published: 04 Apr 2017
  • Reserve Bank Australia - Predicts Australian Housing Crash

    Reserve Bank Australia (RBA) predicts Australian housing crash. Why is the market due to crash? Is this real? Watch this video to find out about the Australian housing crisis.

    published: 23 Mar 2017
  • Keen says: Property prices could plummet 70%

    Professor Steve Keen (Kingston University) says property prices could fall up to 70%, and why Australia will be hit by a recession in 2017.

    published: 29 Aug 2016
  • Why Australia's Property Market Is Booming

    Mar.02 -- House prices in Australia’s biggest cities are on a tear. In the financial capital, Sydney, they’ve risen 73 percent over five years, ranking it second only to Hong Kong as the world’s least affordable housing market. The property boom has increasingly pushed the traditional norm of homeownership beyond the reach of average earners. Residential property accounts for 40 percent to 60 percent of loans by the major banks, making house prices a matter not just of politics but financial stability.

    published: 02 Mar 2017
  • AUSTRALIAN'S Discuss Australian Property Prices

    Is The AUSTRALIAN PROPERTY MARKET Affordable? Today i interviewed Australians and asked them what they thought about to rising cost of property in Australia? What is causing the sharp rise in property prices? Will Australian's who are born here ever be able to own a property within an area near work? Here's the results STALK ME ►INSTAGRAM : daveleetv_ http://bit.ly/daveleeinsta ►TWITTER : Asian Twist http://bit.ly/daveleetwitter ►Facebook : Dave Lee http://bit.ly/DaveLeeFacebook FAIR-USE COPYRIGHT DISCLAIMER * Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be in...

    published: 04 May 2017
  • House Price Plunge | 9 News Perth

    House prices in Perth have plunged to their lowest levels in more than three years. And while it's bad news for home sellers, there's no shortage of bargains.

    published: 27 Oct 2016
  • ABC 7.30 report on the Australian housing bubble, 27-01-17

    published: 27 Jan 2017
  • Housing Prices In Australia I The Feed

    People who want house prices to go up far outnumber people like you who are trying to enter the market. Patrick Abboud has been looking at the bad news for first home buyers, and there's lots of it. The Feed airs weeknights at 19:30 on SBS 2. You can also follow us on Twitter at @TheFeedSBS2, or 'LIKE' us on Facebook to stay in the loop.

    published: 02 Sep 2013
  • What to expect from the housing market in 2017

    Felicity Emmett, head of Australian economics at ANZ, discusses the outlook for the housing market in 2017.

    published: 21 Dec 2016
  • Housing Slump | 9 News Perth

    There's further proof that Perth's property market slump isn't over. Some owners are being forced to slash thousands of dollars off the asking price in order to sell their homes.

    published: 27 Sep 2016
  • SBS FINANCE | Sydney's $1.1m median property

    Property prices are continuing to rise with several Australian capital cities entering uncharted territory. Domain says Sydney's median house price is now $1.1m, while Rooty Hill in Sydney's west recorded a $1m property sale, the largest in the area. SBS Finance Editor Ricardo Goncalves found out more.

    published: 24 Jan 2017
  • Melbourne property prices increasingly unaffordable: CoreLogic

    BUYERS looking to crack the Melbourne property market are finding it more difficult than ever, with prices slipping further out of reach. A median priced home now cost 7.1 times the average household’s annual earning capacity. The latest CoreLogic Housing Affordability Report shows a median dwelling was priced at $566,000 last September compared to average annual household income of $79,266. #1230

    published: 18 Jan 2017
  • Australian property market crashing - here's the proof

    5,500 apartments getting built in Melbourne alone and the prices are not going anywhere, Brisbane is toast and Sydney property market will follow. What goes up must come down.

    published: 13 Sep 2015
  • Sydney House Prices and Defaults

    A Channel 9 News segment featuring DFA mortgage default research, alongside home price data from CoreLogic

    published: 03 Jan 2017
  • How is this man correctly predicting where property prices are going?

    Martin Armstrong has a proven track record of predicting the property prices and the economy, here is how he's predicting a 26 year decline in property prices starting now!

    published: 06 Feb 2016
Australian Property Prices

Australian Property Prices

  • Order:
  • Duration: 8:38
  • Updated: 13 Jun 2017
  • views: 1979
videos
House prices in Australia have become so unaffordable that many young families simply cannot buy into the market. Wealthy Australians have become a nation of property “investors” thanks to a series of government policies that allow and encourage it. The lower and middle class have either been burdened with massive debt, or they are stuck renting for the rest of their lives. In the 1970s, the average house price was about twice the average annual income. If we used today’s figures as a guide, the average home should only cost about $140000 to $150000. But in reality, the average Australian house price is much higher. Homes in Brisbane have a median cost of $478000; Perth $515000; Melbourne $595000; and finally Sydney comes in at a whopping $776000. Bubble, Bubble By many definitions of the term, Australia is in a classic bubble. Japan had one in the 1980s which burst in the early 1990s and sent their economy flying into a downward spiral. They are still feeling the effects of it to this day. Ireland also had a major property bubble which burst in 2007. Despite the bubble bursting, media commentators still encouraged people to go out and buy. Irish television was littered with house-hunting and house makeover shows encouraging people to increase their property “portfolio”. Much like what is happening in Australia at this very moment. It’s unbelievable that we’ve allowed this to happen. In my opinion, a house should not be an investment. It’s a place for people to live and to raise their families. It’s a necessity of life. To say that an investor should be allowed to take $400 (or more) a week away in rent from a poor family just because the owner happens to have more money than them, is in my opinion, immoral. It’s a classic case of the rich becoming richer and the poor becoming poorer. If history has taught us anything, ultimately this social hierarchy will fail. Future generations will not tolerate such obvious exploitation. Wage Slavery Of course, many property investors will justify their actions saying things like “We’re only doing what the law allows”, and to some extent, they are right. However, it is not good for society to have all the workers (i.e. the people who actually build and create things) to be stuck in a constant slave-like existence. They work hard every week in order to pay off their mortgage, or pay the rent. They do not have the option of leaving their job, even if it is the most dirty, dangerous or demeaning one. If they did leave, either the bank would take their home, or the landlord would kick them out. ... Hard Work Pays Off? The modern landlord class is no different from the landed gentry of the past. They are maintaining their wealth by taking from the poor. I have a friend whose boss owns 23 properties around our district. Who needs that many houses!? I’ll tell you who – someone who is obsessed with money; someone who has put their greed above the needs of the average person. Sure, they’re doing everything by the book, but is it moral and does it benefit society? I’m sure most land owners would disagree. They’ll probably say that they worked hard for their money and made some wise investments. Even if this is true, many people simply do not have the ability to “invest wisely”. More often than not, land owners have inherited at least some of their wealth, or have gotten lucky with some of their investments, but more than likely a combination of the two. ... Everybody can be Rich? It’s a lie. If everybody on this planet had exactly $10 million each, then nobody would be considered rich. Prices would just rise to suit everybody’s new found wealth. Rich people only exist now because there are plenty of people being exploited. With every millionaire, there are thousands of workers supporting their lavish lifestyle. A rich person who says “anybody can be rich” is either kidding themselves, or being intentionally deceitful. ... Greed Ultimately, Australian property prices have got to where they are today as a direct result of people’s greed. Instead of treating houses as a place to live and raise a family, we are now treating them like gambling chips. Investors think the goal is to obtain as many properties as possible, regardless of the people’s lives they are affecting. Luckily, at least for some of us, greed comes back to bite people as seen in the Japanese and Irish property crashes. Instead of thinking about our own hip pockets, we should consider what is best for society as a whole. Updates (February 29, 2016) A recent article on the ABC discusses the impending bursting of the Australian Property Bubble (http://www.abc.net.au/news/2016-02-29/verrender-housing-bubble-is-building/7206678). Australian mortgage debt has grown to a staggering $1.4 trillion. ... Originally posted on Daily Rant Australia on February 3, 2016 by Andrew. Find us on Facebook: https://www.facebook.com/DailyRantAustralia/
https://wn.com/Australian_Property_Prices
Money Talks: Australia’s house bubble

Money Talks: Australia’s house bubble

  • Order:
  • Duration: 4:38
  • Updated: 04 Apr 2017
  • views: 4843
videos
The dream of home ownership is fast becoming a nightmare in Australia. Property prices in major cities like Sydney and Melbourne are rising fast, putting them out of reach for many. And economists warn the real estate bubble is about to burst. Mobin Nasir reports. We spoke to economist Saul Eslake and Professor Timo Henckel, who is a research fellow at ANU College of Business. Subscribe: https://www.youtube.com/channel/UC7fWeaHhqgM4Ry-RMpM2YYw?sub_confirmation=1 Livestream: http://www.youtube.com/c/trtworld/live Facebook: https://www.facebook.com/TRTWorld Twitter: https://twitter.com/TRTWorld Visit our website: http://www.trtworld.com/
https://wn.com/Money_Talks_Australia’S_House_Bubble
Reserve Bank Australia - Predicts Australian Housing Crash

Reserve Bank Australia - Predicts Australian Housing Crash

  • Order:
  • Duration: 4:44
  • Updated: 23 Mar 2017
  • views: 16525
videos
Reserve Bank Australia (RBA) predicts Australian housing crash. Why is the market due to crash? Is this real? Watch this video to find out about the Australian housing crisis.
https://wn.com/Reserve_Bank_Australia_Predicts_Australian_Housing_Crash
Keen says: Property prices could plummet 70%

Keen says: Property prices could plummet 70%

  • Order:
  • Duration: 5:58
  • Updated: 29 Aug 2016
  • views: 55585
videos
Professor Steve Keen (Kingston University) says property prices could fall up to 70%, and why Australia will be hit by a recession in 2017.
https://wn.com/Keen_Says_Property_Prices_Could_Plummet_70
Why Australia's Property Market Is Booming

Why Australia's Property Market Is Booming

  • Order:
  • Duration: 1:47
  • Updated: 02 Mar 2017
  • views: 5988
videos
Mar.02 -- House prices in Australia’s biggest cities are on a tear. In the financial capital, Sydney, they’ve risen 73 percent over five years, ranking it second only to Hong Kong as the world’s least affordable housing market. The property boom has increasingly pushed the traditional norm of homeownership beyond the reach of average earners. Residential property accounts for 40 percent to 60 percent of loans by the major banks, making house prices a matter not just of politics but financial stability.
https://wn.com/Why_Australia's_Property_Market_Is_Booming
AUSTRALIAN'S Discuss Australian Property Prices

AUSTRALIAN'S Discuss Australian Property Prices

  • Order:
  • Duration: 7:24
  • Updated: 04 May 2017
  • views: 1298
videos
Is The AUSTRALIAN PROPERTY MARKET Affordable? Today i interviewed Australians and asked them what they thought about to rising cost of property in Australia? What is causing the sharp rise in property prices? Will Australian's who are born here ever be able to own a property within an area near work? Here's the results STALK ME ►INSTAGRAM : daveleetv_ http://bit.ly/daveleeinsta ►TWITTER : Asian Twist http://bit.ly/daveleetwitter ►Facebook : Dave Lee http://bit.ly/DaveLeeFacebook FAIR-USE COPYRIGHT DISCLAIMER * Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. 1)This video has no negative impact on the original works (It would actually be positive for them) 2)This video is also for teaching purposes. 3)It is not transformative in nature. 4)I only used bits and pieces of videos to get the point across where necessary.
https://wn.com/Australian'S_Discuss_Australian_Property_Prices
House Price Plunge | 9 News Perth

House Price Plunge | 9 News Perth

  • Order:
  • Duration: 1:49
  • Updated: 27 Oct 2016
  • views: 5133
videos
House prices in Perth have plunged to their lowest levels in more than three years. And while it's bad news for home sellers, there's no shortage of bargains.
https://wn.com/House_Price_Plunge_|_9_News_Perth
ABC 7.30 report on the Australian housing bubble, 27-01-17

ABC 7.30 report on the Australian housing bubble, 27-01-17

  • Order:
  • Duration: 6:00
  • Updated: 27 Jan 2017
  • views: 12570
videos
https://wn.com/Abc_7.30_Report_On_The_Australian_Housing_Bubble,_27_01_17
Housing Prices In Australia I The Feed

Housing Prices In Australia I The Feed

  • Order:
  • Duration: 2:29
  • Updated: 02 Sep 2013
  • views: 4556
videos
People who want house prices to go up far outnumber people like you who are trying to enter the market. Patrick Abboud has been looking at the bad news for first home buyers, and there's lots of it. The Feed airs weeknights at 19:30 on SBS 2. You can also follow us on Twitter at @TheFeedSBS2, or 'LIKE' us on Facebook to stay in the loop.
https://wn.com/Housing_Prices_In_Australia_I_The_Feed
What to expect from the housing market in 2017

What to expect from the housing market in 2017

  • Order:
  • Duration: 3:40
  • Updated: 21 Dec 2016
  • views: 4659
videos
Felicity Emmett, head of Australian economics at ANZ, discusses the outlook for the housing market in 2017.
https://wn.com/What_To_Expect_From_The_Housing_Market_In_2017
Housing Slump | 9 News Perth

Housing Slump | 9 News Perth

  • Order:
  • Duration: 2:00
  • Updated: 27 Sep 2016
  • views: 2711
videos
There's further proof that Perth's property market slump isn't over. Some owners are being forced to slash thousands of dollars off the asking price in order to sell their homes.
https://wn.com/Housing_Slump_|_9_News_Perth
SBS FINANCE | Sydney's $1.1m median property

SBS FINANCE | Sydney's $1.1m median property

  • Order:
  • Duration: 2:28
  • Updated: 24 Jan 2017
  • views: 503
videos
Property prices are continuing to rise with several Australian capital cities entering uncharted territory. Domain says Sydney's median house price is now $1.1m, while Rooty Hill in Sydney's west recorded a $1m property sale, the largest in the area. SBS Finance Editor Ricardo Goncalves found out more.
https://wn.com/Sbs_Finance_|_Sydney's_1.1M_Median_Property
Melbourne property prices increasingly unaffordable: CoreLogic

Melbourne property prices increasingly unaffordable: CoreLogic

  • Order:
  • Duration: 4:00
  • Updated: 18 Jan 2017
  • views: 344
videos
BUYERS looking to crack the Melbourne property market are finding it more difficult than ever, with prices slipping further out of reach. A median priced home now cost 7.1 times the average household’s annual earning capacity. The latest CoreLogic Housing Affordability Report shows a median dwelling was priced at $566,000 last September compared to average annual household income of $79,266. #1230
https://wn.com/Melbourne_Property_Prices_Increasingly_Unaffordable_Corelogic
Australian property market crashing - here's the proof

Australian property market crashing - here's the proof

  • Order:
  • Duration: 3:38
  • Updated: 13 Sep 2015
  • views: 34711
videos
5,500 apartments getting built in Melbourne alone and the prices are not going anywhere, Brisbane is toast and Sydney property market will follow. What goes up must come down.
https://wn.com/Australian_Property_Market_Crashing_Here's_The_Proof
Sydney House Prices and Defaults

Sydney House Prices and Defaults

  • Order:
  • Duration: 2:02
  • Updated: 03 Jan 2017
  • views: 1892
videos
A Channel 9 News segment featuring DFA mortgage default research, alongside home price data from CoreLogic
https://wn.com/Sydney_House_Prices_And_Defaults
How is this man correctly predicting where property prices are going?

How is this man correctly predicting where property prices are going?

  • Order:
  • Duration: 8:27
  • Updated: 06 Feb 2016
  • views: 39734
videos
Martin Armstrong has a proven track record of predicting the property prices and the economy, here is how he's predicting a 26 year decline in property prices starting now!
https://wn.com/How_Is_This_Man_Correctly_Predicting_Where_Property_Prices_Are_Going