Draft bill to allow Canberra building owners to bulk-buy power to sell to tenants

Property developers need to start thinking outside the box to differentiate their product from the competition! http://snip.ly/y76el

Canberrans living in apartment blocks could soon save on their power bills by bulk-buying electricity.

Source: Draft bill to allow Canberra building owners to bulk-buy power to sell to tenants

EXPLAINER: In your 30s and want to buy a house? This is what you need to know and do.

Steep drop in home ownership is a worry especially amongst young people. http://snip.ly/o8cd1

Figures in the recent Household, Income and Labour Dynamics in Australia (HILDA) survey revealed a steep drop in home ownership amongst people under 40 from almost 36 per cent in 2001 to just 25 per cent in 2015.

Dr Greg Schwann, Associate Professor of Finance at the University of Melbourne and an expert in housing and mortgages, says many crucial factors have led to the prohibitively high prices that are now locking out first home buyers.

“Australian cities are growing rapidly, more than any other cities in the world,” says Dr Schwann.

Source: EXPLAINER: In your 30s and want to buy a house? This is what you need to know and do.

Man Hates Investment Property Decisions | Being Put In Position Where He Has To Think, Feel, Or Act Sucks – The Onion – America’s Finest News Source

Don’t You End Up Like This Property Investor!

Investment property decisions can be a real nuisance! After all that isn’t what you signed up for. There is no need for you to be bombarded with investment property decisions.

After all didn’t the salesman, vendor and the property manager all get paid? They’re supposed to make your life easier not harder.

At some point isn’t enough just enough?

Area Man hates investment property decisions

Property Investor Hates Investment Property Decisions

Home Truths – Four Corners – YouTube

The Affordable Housing Crisis Investigated By Four Corners

Affordable housing crisis in Australia is reaching biblical proportions. Many are warning of a bursting bubble..

 

Four Corners reports on the white hot issues of housing affordability and negative gearing and the generation left wondering if they will ever own their own home.

“We will start it at 1.1 million dollars ladies and gentlemen.”

A house with a million dollar price tag used to be confined to the super wealthy suburbs in Australia’s biggest cities. Today, properties with that sort of asking price are commonplace, even in the urban fringes, with little infrastructure and lengthy commute times.In Melbourne, the median house price is $700 thousand dollars, around 10 times the average wage. In Sydney, there are suburbs more expensive than Manhattan. It’s why the IMF declared Australia one of the most expensive countries in the world to buy property in. Via youtube.com

 

labour market aigist

Labour Market For August | Hours Worked Fall Again Only Part Time Jobs Created

Labour Market Hours Worked Are The Key Number for Property Investors

Labour Market figures show hours worked are down and wages rises not keeping pace with inflation. Property investors need to take notice of these numbers as they show the importance of have blue chip long term tenants.

Unemployment eases to 5.6 per cent, but full-time jobs lost – ABC News (Australian Broadcasting Corporation)

Key points:

Unemployment falls to 5.6pc in July after June figure revised up to 5.7pc
27,900 jobs were added to the economy last month: an increase of 48,200 in part-time, a fall of 20,300 full-time jobs
The proportion of the population in employment is the highest since April 2013 Via abc.net.au

 

labour market 2017

Labour Market Statistics by state

How To Win The Affordable Housing Argument | A Young Person’s Perspective | The Facts And Figures Of The Affordable Housing Argument

The Affordable Housing Argument

Affordable housing argument should be heard from the young person’s perspective. Eliza Owen is an economist, writer and comedian who believes economics should be accessible to everyone, not just economists. She currently works as a market analyst for onthehouse.com.au, and has a regular economics segment on FBI’s ‘Backchat’.