How About That Australian Real Estate Market?

Owns Australian Real Estate...

Besides Margot Robbie, Miranda Kerr, and the searing midday sun in the outback, the other HOT thing about Australia is real estate market. (now, there's four things that may not necessarily be found in the same sentence in your regular mainstream newspaper - even Aussie ones). A good stable capitalist economic environment, strong property rights and rule of law, and good beer foster a pleasant living environment.  Basic fundamentals for brick and mortar.  Add in strong population growth through immigration, low interest rates since 2008, strong government controls on releasing new land to development (think Nevada and the San Francisco Bay Area) and in some cities, regulations aimed at preventing higher density land use, and there you … [Read more...]