How Predictable? Rent Growth and Returns in Sydney and Melbourne Housing Markets

Download How Predictable? Rent Growth and Returns in Sydney and Melbourne Housing Markets PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 56 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis How Predictable? Rent Growth and Returns in Sydney and Melbourne Housing Markets by : Glenn Otto

Download or read book How Predictable? Rent Growth and Returns in Sydney and Melbourne Housing Markets written by Glenn Otto and published by . This book was released on 2017 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: We construct rent-price ratios for houses and units in 82 local government areas in the Sydney and Melbourne markets for the period 1985/86-2015. Using this annual data we employ long-horizon regression techniques and find that rent-price ratios (i.e. rental yields) have predictive content for both future real housing returns and future growth rates of real rents. However rents and returns have greater predictability in Sydney than in Melbourne. Using a variance decomposition for the rent-price ratio implied by the present-value model, we find that variation in rental yields of units in Sydney is almost fully accounted for by expected changes in future rent growth and returns. There appears to be no role for rational bubbles in influencing the prices of Sydney units. In contrast - on average - lesser portions of the variance in rental yields on houses in Sydney (two thirds) and Melbourne (one third) and units in Melbourne (60 percent) is explained by expected future returns and rents. Evidently there is scope for (stochastic) rational bubbles to have affected these markets. Our results point to an important difference between the behaviour of residential housing markets and stock markets. In the stock market, current changes in dividend-price ratios do not appear to reflect important variations in future dividend growth. Our results for Sydney and Melbourne suggest that current changes in rent-price ratios do signal future changes in rent growth.

Mastering the Australian Housing Market

Download Mastering the Australian Housing Market PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1742468543
Total Pages : 191 pages
Book Rating : 4.7/5 (424 download)

DOWNLOAD NOW!


Book Synopsis Mastering the Australian Housing Market by : John Lindeman

Download or read book Mastering the Australian Housing Market written by John Lindeman and published by John Wiley & Sons. This book was released on 2010-12-01 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wanting to invest in property but don't know where or what to buy? Feeling overwhelmed by all the property market information that's available? In Mastering the Australian Housing Market property expert John Lindeman provides the information and tools you need to invest with confidence, explaining when to buy, where to buy and what to pay. He also shares some invaluable truths that will help you avoid the mistakes may investors make and get the best people results from your investments. Inside you'll discover: how the Australian housing market works how to test the information you heard about the market where to buy for high capital growth and rental returns techniques and tools to estimate property values and predict expected returns the best time to buy and sell. Easy-to-understand case studies show you how to undertake your own market analysis, using data that is freely available. Mastering the Australian Housing Market is a must-read for anyone looking to succeed on their property investment journey.

Predicting Returns and Rent Growth in the Housing Market Using the Rent-to-Price Ratio

Download Predicting Returns and Rent Growth in the Housing Market Using the Rent-to-Price Ratio PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 33 pages
Book Rating : 4.:/5 (13 download)

DOWNLOAD NOW!


Book Synopsis Predicting Returns and Rent Growth in the Housing Market Using the Rent-to-Price Ratio by : Tom Engsted

Download or read book Predicting Returns and Rent Growth in the Housing Market Using the Rent-to-Price Ratio written by Tom Engsted and published by . This book was released on 2015 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: We conduct a comprehensive international study of predictability in housing markets using the rent-price ratio as a predictive variable. On data from 18 OECD countries we generally find return predictability in accordance with time-varying risk-premia, but we also document two puzzles. First, there is a highly unstable predictive pattern in rent growth across countries and time periods. Second, the predictive patterns are highly dependent on whether housing returns and rents are measured in nominal or real terms. These results are difficult to reconcile with fully rational expectations. Among other things, the results indicate that housing markets in many countries suffer from money illusion.

Unlocking the Property Market

Download Unlocking the Property Market PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0730319830
Total Pages : 215 pages
Book Rating : 4.7/5 (33 download)

DOWNLOAD NOW!


Book Synopsis Unlocking the Property Market by : John Lindeman

Download or read book Unlocking the Property Market written by John Lindeman and published by John Wiley & Sons. This book was released on 2015-08-03 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 7 keys to property investment success Brimming with fresh content designed to suit current trends in the market, Unlocking the Property Market shares expert property market analyst John Lindeman's tips and techniques on where to buy, what to buy, how much to pay, and when to sell. Written with your needs in mind, Lindeman reveals the seven keys to property investment success and shows you how to unlock the property market's secrets. The media talks up a housing market boom one minute and then warns of a crash the next, but the housing market's behaviour is predictable. Housing prices move slowly upwards, and then they stagnate for some years—and may even fall for a year or two. However, there are always suburbs in any market that go against the grain and offer property investors a chance to secure the highest returns in the shortest possible time in any market condition. To find these properties, follow John Lindeman in Unlocking the Property Market and successfully discover the seven keys to property investment success including: Understand how the market works and find locations with the best growth potential Know where and when to buy and the best time to sell Narrow down your property search, decide what to buy and determine how much to pay. If you're a private housing investor or just starting out in the field looking for authoritative, accessible information on the topic, Unlocking the Property Market gives you the confidence and know-how to successfully obtain the best possible results from property investment.

The Private Rental Sector in Australia

Download The Private Rental Sector in Australia PDF Online Free

Author :
Publisher : Springer
ISBN 13 : 9789813366718
Total Pages : 161 pages
Book Rating : 4.3/5 (667 download)

DOWNLOAD NOW!


Book Synopsis The Private Rental Sector in Australia by : Alan Morris

Download or read book The Private Rental Sector in Australia written by Alan Morris and published by Springer. This book was released on 2021-06-13 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the decline and growth of the private rental sector in Australia delving into the changing dynamics of landlord investment and tenant profile over the course of the twentieth century and into the present period. It explains why over one in four Australian households are now private renters and investigates the contemporary legal and regulatory frameworks governing the sector. The reform discourses in Australia and comparator countries, and debates around key concerns such as Australia’s advantageous tax treatment of investors in rental property and the power imbalance between tenants and landlords are highlighted. The book draws on rich data: 600 surveys and close to 100 in-depth interviews with tenants in high, medium and low rent areas in Sydney and Melbourne and regional New South Wales. The book provides in-depth insights into this large and expanding component of Australia’s housing market and shows how being a private renter shapes the everyday lives and wellbeing of people and households who rent their housing including short and long-term renters, those on low and higher incomes and older as well as younger people.

Rental Yields as Indicators of Market Inefficiency

Download Rental Yields as Indicators of Market Inefficiency PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Rental Yields as Indicators of Market Inefficiency by : Judith Yates

Download or read book Rental Yields as Indicators of Market Inefficiency written by Judith Yates and published by . This book was released on 1997 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Prices, Rents and Rational Speculative Bubbles in the Sydney Housing Market

Download Prices, Rents and Rational Speculative Bubbles in the Sydney Housing Market PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

DOWNLOAD NOW!


Book Synopsis Prices, Rents and Rational Speculative Bubbles in the Sydney Housing Market by : Eden Hatzvi

Download or read book Prices, Rents and Rational Speculative Bubbles in the Sydney Housing Market written by Eden Hatzvi and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine whether asset pricing theory can explain residential property prices. Using quarterly data for Local Government Areas in Sydney from 1991 to 2006, we find little evidence that variations in price: rent ratios anticipate future real rent growth. Instead changes in price: rent ratios apparently reflect changing expectations about future discount factors. Some important geographical differences in the behaviour of property prices across metropolitan Sydney are identified. A significant proportion of the variation in property prices in outer western regions of Sydney is not explained by either rents or discount factors; pointing to a possible role for a speculative bubble.

The Bulletin

Download The Bulletin PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis The Bulletin by :

Download or read book The Bulletin written by and published by . This book was released on 2008 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Business Review Weekly

Download Business Review Weekly PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.:/5 (318 download)

DOWNLOAD NOW!


Book Synopsis Business Review Weekly by :

Download or read book Business Review Weekly written by and published by . This book was released on 2007 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Housing Affordability

Download Housing Affordability PDF Online Free

Author :
Publisher :
ISBN 13 : 9780648230748
Total Pages : pages
Book Rating : 4.2/5 (37 download)

DOWNLOAD NOW!


Book Synopsis Housing Affordability by : John Daley

Download or read book Housing Affordability written by John Daley and published by . This book was released on 2018-03-04 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Housing Booms in Gateway Cities

Download Housing Booms in Gateway Cities PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119853605
Total Pages : 342 pages
Book Rating : 4.1/5 (198 download)

DOWNLOAD NOW!


Book Synopsis Housing Booms in Gateway Cities by : David Ley

Download or read book Housing Booms in Gateway Cities written by David Ley and published by John Wiley & Sons. This book was released on 2023-07-19 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: HOUSING BOOMS IN GATEWAY CITIES “David Ley examines the development of housing booms, and policies intended to stimulate or limit them. Utilising a comparative approach in five gateway cities, he provides a superb understanding of the politics of booms, lifting the debate beyond narrow housing and real estate studies. This book is required reading for anyone interested in global cities, housing markets, or comparative urbanism.” —Manuel B. Aalbers, Professor of Human Geography, KU Leuven, Belgium “A stellar contribution to housing and its financialisation as central to the capitalist project globally, Housing Booms offers a wonderful window into the ascendancy of the secondary circuit of real estate in Singapore, Hong Kong, Sydney, Vancouver, and London. Critically, through careful, empirically rigorous comparison, an eminent urban social scientist urges us to understand the importance of placing urban housing theoretically.” —Loretta Lees, Director of the Initiative on Cities, Boston University “Mastering a wealth of information and insights from five gateway cities, David Ley provides fresh and inspiring explanation of both common global logics and diverse local trajectories of housing booms in the era of financialisation and asset-based accumulation. A timely and ground-breaking contribution, (re)positioning housing to the centrality pervasively felt in everyday life but largely unacknowledged in mainstream social science.” —George Lin, Chair Professor of Geography, University of Hong Kong In Housing Booms in Gateway Cities, renowned geographer Dr. David Ley delivers a detailed exploration of housing markets in Hong Kong, Singapore, Sydney, Vancouver, and London and explains why these gateway cities have seen dramatic increases in residential real estate prices since the 1980s. The author describes how the globalization of real estate has rapidly inflated demand and uncoupled local housing prices from local wages, causing acute problems of affordability, availability, and inequality. The book implicates government policy in massive real estate price inflation, describing a shift from welfare-based to asset-based societies. It also highlights the relatively unique experience in Singapore, where asset-based housing policy has encouraged the dispersion of ownership and accumulation through an increased supply of subsidized leasehold apartments and the regulation of disruptive investment flows. Housing Booms in Gateway Cities is an ideal resource for academics, students and policymakers with an interest in urban geography, sociology, and planning, housing studies, and any of the cities discussed in the book. It is an innovative treatment of housing as a central category in wealth accumulation in urban economies and societies.

F&S Index International Annual

Download F&S Index International Annual PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 1674 pages
Book Rating : 4.E/5 ( download)

DOWNLOAD NOW!


Book Synopsis F&S Index International Annual by :

Download or read book F&S Index International Annual written by and published by . This book was released on 1998 with total page 1674 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Positively Geared

Download Positively Geared PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 0730384497
Total Pages : 288 pages
Book Rating : 4.7/5 (33 download)

DOWNLOAD NOW!


Book Synopsis Positively Geared by : Lloyd Edge

Download or read book Positively Geared written by Lloyd Edge and published by John Wiley & Sons. This book was released on 2020-03-24 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fast-track your financial dreams with this Aussie property investment guide for the 2020s Positively Geared offers a powerful approach for clever property investment, empowering readers to make money when they buy properties, not just when you sell them. This sustainable approach to wealth building will equip you with the knowledge, skills and insider strategies to not only build a diverse property portfolio, but also maintain a portfolio that achieves passive income to reach your goal of financial freedom. Working as a teacher, author Lloyd Edge started to grow his wealth with an initial $30k investment. By the age of 40, he was able to retire from his nine-to-five job. Now a leading property investment strategist, Lloyd’s shares his personal story and proven strategies with the hope of inspiring everyday Aussies – young and old – to dream big and proactively craft the lifestyle they really want. Positively Geared will enable you to: • Discover tested property investment strategies • Learn from real-life case studies and interactive exercises • Understand the importance of growth, instant equity, and cash flow when buying properties • Employ a strategy designed for property portfolio growth • Create a plan to achieve financial freedom based on real estate investment Whether you’re a new or experienced property investor, you can take advantage of this unique approach to sustainable wealth building and take control of your finances, refocus on your objectives and start designing the lifestyle you want.

Global House Price Fluctuations

Download Global House Price Fluctuations PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1475591608
Total Pages : 47 pages
Book Rating : 4.4/5 (755 download)

DOWNLOAD NOW!


Book Synopsis Global House Price Fluctuations by : Mr.Hideaki Hirata

Download or read book Global House Price Fluctuations written by Mr.Hideaki Hirata and published by International Monetary Fund. This book was released on 2013-02-06 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the properties of house price fluctuations across 18 advanced economies over the past 40 years. We ask two specific questions: First, how synchronized are housing cycles across these countries? Second, what are the main shocks driving movements in global house prices? To address these questions, we first estimate the global components in house prices and various macroeconomic and financial variables. We then evaluate the roles played by a variety of global shocks, including shocks to interest rates, monetary policy, productivity, credit, and uncertainty, in explaining house price fluctuations using a wide range of FAVAR models. We find that house prices are synchronized across countries, and the degree of synchronization has increased over time. Global interest rate shocks tend to have a significant negative effect on global house prices whereas global monetary policy shocks per se do not appear to have a sizeable impact. Interestingly, uncertainty shocks seem to be important in explaining fluctuations in global house prices.

Emerging Trends in Real Estate 2019

Download Emerging Trends in Real Estate 2019 PDF Online Free

Author :
Publisher :
ISBN 13 : 9780874204186
Total Pages : 0 pages
Book Rating : 4.2/5 (41 download)

DOWNLOAD NOW!


Book Synopsis Emerging Trends in Real Estate 2019 by : Alan Billingsley

Download or read book Emerging Trends in Real Estate 2019 written by Alan Billingsley and published by . This book was released on 2018-10-15 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now in its 40th year, Emerging Trends in Real Estate is one of the most highly regarded and widely read forecast reports in the real estate industry. This updated edition provides an outlook on real estate investment and development trends, real estate finance and capital markets, trends by property sector and metropolitan area, and other real estate issues around the globe. Comprehensive and invaluable, the book is based on interviews with leading industry experts and also covers what's happening in multifamily, retail, office, industrial, and hotel development.

Troubled Waters

Download Troubled Waters PDF Online Free

Author :
Publisher : ANU E Press
ISBN 13 : 1921313846
Total Pages : 228 pages
Book Rating : 4.9/5 (213 download)

DOWNLOAD NOW!


Book Synopsis Troubled Waters by : Patrick Troy

Download or read book Troubled Waters written by Patrick Troy and published by ANU E Press. This book was released on 2008-06-01 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Australian cities have traditionally relied for their water on a 'predict-and-provide' philosophy that gives primacy to big engineering solutions. In more recent years privatised water authorities, seeking to maximise consumption and profits, have reinforced the emphasis on increasing supply. Now the cities must cope with the stresses these policies have imposed on the eco-systems from which they harvest water, into which they discharge wastes, and on which they are located. Residents are having to pay more for their water, while the cities themselves are becoming less sustainable. Must we build more dams and desalination plants, or should we be managing the demand for urban water more prudently? This book explores the demand for urban water and how it has changed in response to shifting social mores over the past century. It explains how demand for centralised provision of water might be reshaped to enable the cities to better cope with expected changes in supply as our climate changes. And it discusses the implications of property rights in water for proposals to privatise water services.

Far Eastern Economic Review

Download Far Eastern Economic Review PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 1150 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis Far Eastern Economic Review by :

Download or read book Far Eastern Economic Review written by and published by . This book was released on 1989 with total page 1150 pages. Available in PDF, EPUB and Kindle. Book excerpt: