[quote=Carnot]An interesting article by Peter Turchin. I wonder if Australia is heading in the same direction?

http://peterturchin.com/cliodynamica/role-finance-structural-demographic-crisis/

"Th ...

[quote=don_dunstan][quote]I'm assuming that since the restrictions related to the proportion of investor mortgages on the books, recent cooling of the investor market has opened up space for a revival ...

[i]Billionaire property developer Harry Triguboff says the downturn in Australia's apartment market will have a "big impact on the economy", and has called for government intervention to help stem pri ...

[quote=don_dunstan]At this point it appears that most small-time landlords etc. are still okay unless they went deep in WA or the NT. As Carnot said (above) it's hard to know what the quality of many ...

[quote=don_dunstan]It's pretty clear-cut that in Melbourne there's been 20 years of very reliable house price growth and that you are probably on a winner if you bet that your property value will go u ...

Talking of mortgages and honesty:

http://www.abc.net.au/news/2017-09-11/500b-dollars-of-liar-loans-in-australia-ubs/8892030

What could possibly go wrong?

[quote=don_dunstan]I have friends in Melbourne who treated a (paper) appreciation in the value of their home like it was a lotto win - borrowing money from their mortgage to finance a very expensive h ...

[quote]It would appear "Status Anxiety" is alive and well. The people I've known to be the smartest when it comes to finance tend to drive 5-10 year-old sedans or station wagons that can be bought fo ...

[quote=don_dunstan]Stagnant or falling wages are a symptom of a very unhealthy economy - Morrison won't acknowledge this but in an economy geared towards borrowing exponential amounts of money for mor ...

[quote=don_dunstan]Incidentally I don't think there's any way the government could possibly make good on their covered bond guarantee to the Big Four Banks unless they either raided the super funds or ...

[quote=awsgc24]There is a possible second reason for the relocation of the Up Accept, and that is to allow for the overlaps for bidirectional working from Cowan to Hawkesbury River. Thus protecting si ...

[quote=don_dunstan]THE official ABS Gross Domestic Product figures are released today and shows that households are not saving money and are experiencing a freeze in incomes. Scott Morrison immediatel ...

[quote=HardWorkingMan]people haven't been investing in property for rental values for a number of years. Where they are making their money is in capital gains. There seems to be a belief that proper ...

[quote=don_dunstan]Dense inner city apartment living in Sydney and Melbourne is putting profit before people warns Bill Randolph on [url=https://theconversation.com/why-investor-driven-urban-density-i ...

[quote=don_dunstan][quote]Ten percent yield sounds a bit high for Sydney nowadays, doesn't it? Especially with rising lending rates on investment loans and low rent growth.[/quote]I have read his stor ...

[quote=michaelgm]MILW! Not familiar with Glass-Steagall arrangement. Will google. Without the bank guarantee, could you just imagine the run on the banks, if thinss went totally tits up? I seriously c ...

For me at least, the bank guarantee is justification enough for the proposed bank tax/levy.

[quote=don_dunstan][i]He said his current rental yields were sitting at about 10 per cent, so even if interest rates went as high as 8 per cent, he would still be okay.[/i]

[i]“I always always have ...

Until 1930, 30 years after Federation and the constitution being signed, the UK was still appointing the GG, was this forecast when the constitution was written?

Since the economy is not exactly powering along, I'd attribute a decent chunk of this increased demand to population growth and congested crappy roads, parking difficulties, fuel costs etc.

I like  ...

[quote=Groundrelay]Don is barking up the wrong tree. Whilst it plays well to the cash-for-comment lot his foreigner welfare 'thing' is a relatively minuscule cost to the economy.

This country has a ...

[quote=Carnot]Slight change of topic, but Brexit could be the least of the Poms economic concerns with the explosion of Personal Contract Plans in the past 4 years potentially creating another sub-pri ...

[quote=billybaxter]It's sad, of course, but photos I've seen of it show it as a fairly banal structure, certainly not something that anybody other than a gunzel might think is special. Are there any o ...

Regarding NSW and rule NSG608, while trains may run at up to line speed after passing absolute signals at stop under the authority of the network control officer, might I suggest that this is not a go ...

No, a few more paedo priests is not going to kill the Catholic church in Australia, nor anywhere else.