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According to << Australia Finance Review >> (a very famous local finance magazine), the average price of Bribane decreases 10% and will continue this trend in the next 10 or 12 months. The interesting thing is : one of my office colleague who immigrated from US started selling her house last week. I think she must smelt some thing similar to US then made the decision.
The situation in Gold Coast is worse.
The local economic data of last quater is not good, China is slowing down the speed, US and Europe are still in trouble. Personally I donot believe the Chinese investors are the key factor in real estate market. If so, US house price should not be still going down as we know US dollor is shrinking and many Chinese rich investors are buying house in US. Someone says the emmigrants are another factor, but see US also has huge population of emmigrants, why US house price can't stand high today.
Low interest rate and the first buyer benefit were the key drivers for the house price rising, while nowadays both of them are gone. The household cost is rising rapidly, everything is more expensive. Mining sector is investing huge money in the production expansion, which causing the inflation rising rapidly. The government has to raise interest rate in the second half of 2011. The situation is just like in China, so you understand why Aussie government has to raise the rate sooner or later.
Basically Australia has not fundemental difference with other western countries, neither the realestate market. Nowaday cash is the king. |
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楼主: Dreamhouse
发表于 6-6-2011 23:39:17
楼主
发表于 14-6-2011 01:54:38
发表于 15-6-2011 20:21:47