Australia’s house price madness is getting worse

Posted by Simon Dehne on February 2, 2016 in Latest News with No Comments


housing_bubbleIn the ongoing debate over Australia’s ‘housing bubble’, the annual Demographia International Housing Affordability Survey causes plenty of arguments and a few burst blood vessels.

The survey looks at cities around the developed world through the lens of the ‘median multiple’ – that is, the median dwelling price divided by the median income in that area.

Critics argue that such a simple metric overlooks things such as the quality of dwellings in a city, interest rate levels, and long-term changes such as the rise in female workforce participation.

Read more.

« previous post

How to sell a home in Australi...
Fatal error: Uncaught Error: Call to undefined function ereg() in /home/helpcomp/public_html/wp/wp-content/themes/helpcompare/comments.php:54 Stack trace: #0 /home/helpcomp/public_html/wp/wp-includes/comment-template.php(1472): require() #1 /home/helpcomp/public_html/wp/wp-content/themes/helpcompare/single.php(21): comments_template() #2 /home/helpcomp/public_html/wp/wp-includes/template-loader.php(74): include('/home/helpcomp/...') #3 /home/helpcomp/public_html/wp/wp-blog-header.php(19): require_once('/home/helpcomp/...') #4 /home/helpcomp/public_html/index.php(17): require('/home/helpcomp/...') #5 {main} thrown in /home/helpcomp/public_html/wp/wp-content/themes/helpcompare/comments.php on line 54