There’s been a lot of talk recently about the plight of Generation Y. According to recent reports, this group of under 28 year olds are considered “property orphans”, with supposedly no hope of ever owning their own home. With their home ownership dreams dashed before they’ve even begun, no dependents and a decent sized disposable...
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Australia’s second biggest real estate group, LJ Hooker, has taken on the wave of disruptors eating into estate agents’ income, by becoming a disruptor itself. In a move that will see the 88-year-old company undercut the commissions of its own 8000-strong real estate network, LJ Hooker’s new online-focused Settl business will empower vendors to sell...
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Today’s housing crisis is worse than the 17pc home loans of the 1980s Caitlin Fitzsimmons Published: February 26, 2017 – 12:15AM “But we paid 17 per cent interest on our mortgage!” This line is often wheeled out by older generations to explain why younger people don’t really have it tough in today’s housing market. It’s...
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http://www.theage.com.au/business/property/bill-shock-for-landlords-as-land-tax-skyrockets-20170224-...
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There were 2,280 dwellings auctioned off in Australia’s capital cities in the week ending 19 February, marking it the first time the number of auctions had surpassed the 2,000 milestone in 2017. According to CoreLogic’s Property Market Indicator Summary, there were 689 more properties put up for auction last week, up 43 per cent on...
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A Melbourne start-up is capitalising on our love affair with auctions by developing an app to enable consumers to watch auctions either live or on demand from anywhere in the world. A potential buyer can “virtually” attend dozens of auctions across several states over a weekend....
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