Tag: house
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Falling apartment prices are worrisome for the economy
Recent reports citing the drop in apartment prices are worrying economists who believe that the possibility of over-development and supply is causing the lack of confidence in the real estate market. Recent reports show that apartment prices in Australia’s CBDs have fallen by an average of 6.3% in the last 12 months. The Melbourne CBD and Sydney CBD…
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Australian house price comparision to 1975
Australia has changed majorly since 1975- demographically, socially, economically, technologically and culturally. This country has drastically changed its laws and financial side to better citizens needs. Back then, the population of Australia was 13.7 million and the average of getting married was the early 20’s. Now, women and men are getting married in their late…