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Thumbnail image for Michael Marquette’s “View from the Bridge”: Australia’s Property Boom

Michael Marquette’s “View from the Bridge”: Australia’s Property Boom

You only need to read the headlines with such stories as “Record Bidding”, “Hot Auctions”, to see that the property market is once again red hot. With such record-setting, red-hot fever, however, comes concerns. The issue of affordability equally makes the headlines, particularly with the Reserve Bank of Australia having increased interest rates the last five out of six times that they have met and building approvals either stagnant or declining. Additionally, wages are not growing anywhere near fast enough to keep up with the cost of living.

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Thumbnail image for How An Idea From Florida Could Help Australian Real Estate

How An Idea From Florida Could Help Australian Real Estate

Prices for homes in Australia have risen in the first half of 2008, according to the Real Estate Institute of Australia (REIA). The REIA report that median home prices rising across the country to $A459,216 by June 2008, up a slight 0.05% for the quarter and 6% for the previous year. Despite a decrease in […]

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