Australia – Analyze the reasons for the recent soaring of Australian real estate – Australian News – Chinatown – Australia

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This can be seen in all the suburbs: crowds of people are queuing to see houses.Due to the restrictions of the new crown epidemic, only a few people are allowed to enter the properties for sale at the same time at a time.So there is a long queue, especially those who buy a unit. . .Australia Chinatown
                在所有的郊区都能看到这样的景象:成群的人们在排队看房。 

Due to the restrictions of the new crown epidemic, only a few people are allowed to enter the properties for sale at the same time at a time.

Therefore, the long queue, especially the people buying the unit, can line up from the stairwell to the outside.

In some areas, especially the coastal area, real estate transactions have heated up.

一些地区的房价在1年间上涨了三分之一以上,因为现金充裕的远离城市,直奔乡下,他们期待着可以一直工作(Home Office)。

In January, housing prices in remote areas rose by 1.6%, more than twice the increase in major provincial capitals.

还有一些城市,拍卖率正迅速逼近满分。

堪培拉最近的率超过了90%,而悉尼的率也超过80%。

Corelogic五统计的数字显示,末的全国拍卖率达到了79.3%的六年来最高水平。

而本周六再次显示出地产市场更为强劲的表现,率超过86%。

Two weeks ago, Australian real estate prices fell to record levels, and there is no end in sight.

With interest rates locked at zero and the Reserve Bank guarantees that interest rates will remain unchanged for the next four years, many buyers are eager to try.

There is also the upcoming exemption loan bill, which will also add to the prosperity of the real estate market.

一位当地的地产说:“我在这个行业从事了25年,环境从来没有像现在这么好过。“

一般情况下,我们会警告潜在的,房价不会一直上涨。要知道在一个疯狂的环境下,还是需要更加谨慎的。

At the same time, it should be considered how to designate a contingency plan to burst the real estate bubble without harming the overall economy.

Reserve Bank of Australia Governor Philip Lowe recently said: "At present, the focus of attention is on housing prices rising again, while the stock market is performing strongly."

“可以看到如今的全国房价指数是前的水平,而股市回到了去年年初的水平。”

Of course, there is no flaw in his statement.

From a statistical point of view, it can be said that property prices have hardly changed in the past few years.

But the only problem with this logic is that it ignores something that is happening.

For example, four years ago, in order to curb the overheated real estate market, the Reserve Bank of Australia forced the banking regulator APRA to restrict banks from issuing loans that only charge interest. This type of loan was once the first choice for investors.

This successfully achieved the goal and reduced transaction data.

Obviously, the worry at the time was the real estate bubble.

Now we are back to square one. The difference is that we have just tried to emerge from the worst recession in nearly a century. The current unemployment rate is disturbing, a lot of production capacity is idle, and wages are growing faster than before. slow.

Once upon a time, the main role of the Reserve Bank was to "pour cold water to cool down."

It means taking preventive measures when the economy is overheating to keep development stable.

What has changed this thinking now?

The first is that the global economy is in a fragile state.

In addition, people are worried that the federal government will cancel financial support for the unemployed and industries that have become vulnerable due to the impact of the epidemic, such as those in the tourism industry.

如果政府真的减少补贴支持,给储备银行带来更大的压力。

But if house prices rise and the stock market continues to rise, people will feel rich and start spending.

Of course, the biggest problem brought about by the soaring real estate prices and stock markets is that they have created a larger gap between the rich and the poor.

Those who own the assets make a lot of money, while some people are further left behind.

There is an old saying among investors: the market stays irrational longer.

Therefore, although the recent booms are unreasonable, there are various signs that they will last longer.

The Reserve Bank has decided not to prevent overheating to thwart prosperity, but to let it move on.

This is a dangerous game, and it can be counterproductive.

Since the financial crisis, the global reserve banks have been constrained by their actions.

They are doing everything they can to ensure that the market continues to flourish, regardless of the long-term consequences.

公平地说,澳洲认为,由于两个关键原因,房地产价格必须放缓。

One is that in the past year, we have not had an increase in immigration, which should have reduced the demand for housing.

The second is that a large number of newly built properties have not yet been listed.

在过去一年中房地产飙升超17%,其储备银行刚刚提高了投资者的贷款门槛。

Original link:

http://www.abc.net.au/new/2021 … ue-to-oar/13154220

"Chinatown" Fb shares selected Australian news every day, so that you can know the latest Australian news at anytime and anywhere @娱乐、@migrant、@生活资讯:http://www.fb.com/new.china.com.au/

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