Archive for September, 2005

Real Estate Bubble

Thursday, September 29th, 2005

The difference between America and Australia: In America everybody’s talking the possibility of a real estate bubble. In Australia, they’re living it.
Real estate prices in Sydney, which rose by about 175 per cent from 1994 to 2004, have fallen 10 per cent since then and some expect the market to fall farther. “Sydney is undoubtedly [...]

Australia: Most Expensive Place to Live

Monday, September 5th, 2005

Prime Minister John Howard has failed to accept a new report showing Australia is the most expensive country in the world in which to buy a home.
US-based research group Demographia found buying a home in Australia was more expensive than in any other country when adjusted to median household incomes.
The Epoch Times | Australia: Most [...]