House Prices – Who crashed the economy?

Shiller: [U.S.] House Prices Still Way Too High

March 1, 2009 admin 1

In an interview with TechTicker, Professor Robert Shiller author of Irrational Exuberance and co-producer of the Case/Shiller Home Price Index said U.S. house prices are still way to high. Shiller said this is the biggest housing bubble in world history and &qout;we are entering a new era in some sense". …

Housing bubble yet to burst, but we are next says Demographia

January 25, 2009 admin Comments Off

A study by Demographia has shown Australia has the most cities with “severely unaffordable” housing. The Sunshine Coast ranked the worst for affordability of 265 markets surveyed, followed by Honolulu, the Gold Coast, Vancouver and Sydney. Melbourne and Adelaide were equal 12th place and was found to be less affordable …