RateSetter completes $10.5m capital raising

Will changes in lending like Ratesetter help reduce the problems of affordable housing or put more buyers in the market and make things worse?

Australia's Lowest Home Loan Interest Rates

Private equity firm Five V Capital has led a $10. 5 million capital raising for peer-to-peer lender RateSetter Australia. Five V Capital has joined RateSetter‘s existing shareholders and additional p

Source: RateSetter completes $10.5m capital raising

Housing affordability lessons from Vancouver for the City of Sydney

Vancouver has been grappling with its housing affordability crisis for over a decade – and its mayor has some advice for Sydney.

Part of the problem, he said, is that Australia and Canada were “way behind in innovation in government” and cities were left with few real policy levels to tackle the issue.

Source: Housing affordability lessons from Vancouver for the City of Sydney

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