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Show Notes
https://www.youtube.com/watch?v=OgMPANEXz8o
In this Australian property market update we see Australia is still in wide spread decline but there are surprisingly positive signs that I didn't expect. We also talk about some of the larger economic factors at play.
0:00 - Introduction
0:37 - The rate of decline continues to slow
1:55 - Monthly value of new housing finance commitments increased
2:40 - Every capital city reported a decline with the exception of Canberra
5:05 - Sydney market update
6:35 - Melbourne market update
7:54 - Brisbane market update
9:45 - Adelaide market update
10:25 - Perth market update
11:14 - Hobart market update
12:41 - Darwin market update
13:55 - Canberra market update
14:30 - Rents have grown 0.3% nationally over the past 3 months
15:38 - Total listings remains high, but new listings are down significantly
16:32 - Other economic factors - Mortgage rates, loan approval process, election + economy
18:17 - Australia's private housing debt bubble and a bleaker view of the future
20:10 - Still a turbulent time in the Australian property market
Is Brisbane cheaper than it was 10 years ago? - https://www.youtube.com/watch?v=U_dJqIADBJ8
In The Interest of the People YouTube Channel - https://www.youtube.com/channel/UCzwmB2wn8Slp3hko2Gpj2iA
Switzer Interview with Steve Keen - https://www.youtube.com/watch?v=uU2jwUihIcs
My Interview with Steve Keen (2015) - https://www.youtube.com/watch?v=brX18YrTPTY