Noel responds to Chris doubting it is possible to take the heat out of the market with tax changes, but he’s fine if the 50% CGT discount does not kick in for at least five years.
Successful affordable housing initiatives in the UK and indications from Australian institutional investors that they would invest in a similar scheme here are encouraging developments.
History indicates that Australian house prices are more likely to flatline than collapse. The main problem is likely to be in high-rise construction, with banks exposed to highly-leveraged buyers and developers.
Housing affordability is a political no-go zone although the longer term survival of negative gearing is doubtful. The ATO is keeping a close watch on agents to check whether property is selling to foreign investors.
It’s easy to criticise governments for a lack of action on social issues, but here’s better news on the potential to grow affordable housing using the capital markets.
A-REITs have been particularly hard hit by bond rate increases, but most are in much better shape than they were during the GFC. Investors should assess the improved value, but not all listed property trusts are equal in quality.
Home ownership for Australians aged between 25 and 34 has fallen from 39% to 29% in the last 20 years, and government policies are doing little to make first home buying easier. What are the attitudes of younger clients?
Buying off-the-plan introduces uncertainties on completion and quality, and owners endure the delights, delays and dilemmas of buying a promise … and a dream. Follow the blog to see if it’s worth the journey.
Everyone from the Reserve Bank Governor down is talking about apartment prices, and worrying about the consequences for the economy, and especially our banks. How does Australia’s leading futurist interpret the data?
The tax treatment of depreciation and capital gains from the sale of property are important parts of the economic return, so know what happens when a CGT event is triggered.
There are many questions surrounding the state of Australian real estate – affordability, foreign ownership, housing stock, population growth, and more. Perhaps an inquiry into housing is long overdue.
Increases in Australian house prices are slowing but there are many reasons for an underlying support, but some locations for apartments will not do as well. Housing recovery continues in the US.
The seniors accommodation sector offers opportunities for investors willing to take a long-term approach, as the population ages and demands a wide range of different types of facilities.