Cameron Kusher
@cmkusher
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Talking property and the economy, for more in depth takes good, bad or otherwise follow me at https://t.co/iuciin7jrn
Brisbane
Joined August 2012
This question yesterday was embarrassing but it also highlights the folly of very high property prices and storing a majority of our wealth within properties. Many mortgage holders are stretched (many aren’t at all too).
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Did not answer how the RBA can forecast productivity growth back to trend.
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Monthly CPI too volatile and not necessarily reflective of what's going on according to RBA Governor.
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Let the speculation begin, who were the three against the RBA's decision to keep rates on-hold?
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People say building a new city in Australia wouldn’t work because Canberra didn’t work. What if we tried building one somewhere coastal or at least closer to the coast, and with a good climate instead? I reckon that could work.
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Latest SYNKO is now out with an update to home loan lending rates which generally fell over the month.
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It remains completely ridiculous that the ABS doesn't produce a long-term free home price index and the only data available is private sector data that has to be purchased (I thought this even when I worked at some of those businesses this data should be free).
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Does anyone have access to historic national home price data (sadly I don't anymore)? I am interested in looking at each time the cash rate was reduced by 125bp in a 12 month period (current market pricing by end of year) what has happened to home prices thereafter.
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Women were of course working looking after kids and there is pressure in that but IMO less pressure than having to work so much to pay the mortgage and pay for childcare.
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We’ve given away basically a whole week of time not working from one parent so that we can pay a lot more for houses and have kids having to be in expensive childcare. Seems crazy IMO.
"Parents have no choice but to put their kids in daycare because they must compete with other dual income families for housing.". This is one of the absolutely key problems we need to fix as a society.
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34 year old that has a mortgage and the price has gone up a bit.
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I wonder if this is part of the intention? I mean young people could certainly use that money now rather than when their parents/grandparents eventually do.
Does the 30% tax rate on super balances above $3m bring forward intergenerational wealth transfer? At 15% tax rate there is an argument to hold onto the money. But at 30% might as well start giving it to the (grand)children to take advantage of the biggest tax break in Australia.
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In this week’s Monday Market Recap we look at home values, property listings, dwelling approvals, household spending, buying vs renting and preliminary auction clearance rates.
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Aren’t we supposed to be aiming for a migration slowdown?.
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Don’t men spend way more time with their kids and do way more than they did even 25 years ago? When fertility was much higher men did much less than they do nowadays.
Increasing education among women isn’t to blame for declining fertility rates, it’s outdated gender norms. In other words, it’s men. Men don’t do enough. Nothing sexier than a man doing his fair share of unpaid work. Want more babies? Fellas gotta step up, not women step down.
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