Tag Archives: housingbubble

Luckily Qld property prices never reached crazy levels that NSW’s and Victoria’s did – now less room to fall

Posted on March 20, 2019 by Gene Tunny

Michael Janda at ABC News has a good summary of the residential property price data for December quarter published yesterday by the ABS: Australia’s $133 billion property price slide rapidly becoming the worst in modern history This correction has been … Continue reading →

Posted in Housing, Uncategorized | Tagged , , , , , , , , , , , , , , , , | 4 Comments

RBA making it up as it goes along

Posted on March 15, 2017 by Gene Tunny

After a speech by Assistant RBA Governor Michele Bullock yesterday, there is speculation about the RBA pushing APRA to instruct banks to further restrain their lending to housing investors- strengthening the so-called macro-prudential regulation that has had only limited success … Continue reading →

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 6 Comments

Brisbane unit values fell nearly 3% on average over 12 months to end of January

Posted on February 2, 2017 by Gene Tunny

The huge supply increase in Brisbane apartments has resulted in a fall in unit values of 2.7% in the 12 months to 31 January, according to new CoreLogic estimates published yesterday (see Chart 1, based on data available in the … Continue reading →

Posted in Brisbane, Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 2 Comments

Sydney & Melbourne property prices defy rational explanation

Posted on January 5, 2017 by Gene Tunny

At the Guardian, Gareth Hutchens criticises some market economists for their forecasts of a correction in house prices in 2016, while house prices in Sydney and Melbourne actually grew at double-digit rates. Market economists Saul Eslake and Stephen Koukoulas have … Continue reading →

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What I’m reading – Bernanke’s Courage to Act

Posted on October 31, 2015 by Gene Tunny

One of my favourite passages in Ben Bernanke’s memoir of the financial crisis and its aftermath, The Courage to Act, describes how, on the way to the Federal Reserve building to deal with the imploding Bear Stearns, Bernanke takes the … Continue reading →

Posted in Macroeconomy | Tagged , , , , , , , , , , , , , | 2 Comments