The ups and downs of house prices are always in the headlines. But the profound ways those property market movements affect our everyday behaviour get far less attention.
The way economists think about it, children are a bit like goods we value. The more wealth we have, the more children we can afford. show many are anxious about balancing house ownership with other big life choices including having children. During the past three decades the fertility rate among women aged 35-39 has more than doubled and for those aged 40-44 it has tripled.Twenty years ago women aged 25-29 years had the highest birth rate. That has now moved to the 30-34 age group and the median birth age for Australian women continues to climb.
But that does not necessarily mean a lower overall birth rate because many women who put off having children during their 20s are playing catch-up during their 30s.
Good work ANGLIhere!
A home is the largest and most expensive asset to own, at the rate of knots prices are escalating its no wonder birth rates will fall. In a average family both partners have to work , not to sustain a lifestyle but to be able to keep afloat to pay the day to day bills..
Create a computer model and feed in selected data, fudge it ever so slightly here and there, and behold, ‘researchers’ and ‘scientists’ can show whatever trend their financial controllers desire. Keeps the news media pumping away without even having to leave their desk.
But not if you’re s refugee and are paid per child!!
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RBA says population growth, slow building to blame for property boom and bustThe Reserve Bank is maintaining it is the supply of and demand for housing that has accounted for most of the recent large swings in home prices, rather than the availability or cost of home loans. What a lot of horse shit! Buyer fear fuelled by rapacious Media which was allowed to go on unchecked for years and never curtailed by Reserve Bank resulted in ridiculous unsustainable growth with only one possible end result. Where do we find these people? ReserveBank I think you’ll find the real estate industry and respective institution are the culprits here, no land management practice or enngagement, gouge for the fun of their fat wallets, irresponsible, unaccountable, thieves in the night at the expense of your local community Who counts the world population and further more who fact checks those figures. I have real concerns about the ludicrous figures they bomarding us with.
Source: abcnews - 🏆 5. / 83 Read more »
Why lower housing prices are not translating into more affordable housingFalling house prices are doing little to improve housing affordability, with the latest survey showing the proportion of income required to meet loan repayments actually increased at the end of last year. What is affordable housing —- pleases explainnnnnn A bad thing is coming our way .... Can you say GFC ? Isn't it because wages aren't growing and everything else is?
Source: abcnews - 🏆 5. / 83 Read more »
House price falls could feed into the wider economy: LoweThe RBA governor said a surge in population and a lack of new dwellings were the main factors behind the sharp run-up in house prices in Sydney and Melbourne. swrighteconomy How long can the crazy house price speculation go on. Some day it will need to be corrected that will cause pain. Money invested in empty assets is not sustainable. swrighteconomy So sad house prices are falling under the LNP, it is on their watch and under their policies and under this PM and Treasurer. The Reserve Bank is making that clear so suck it up. swrighteconomy Over the next 4yrs house prices need to drop further, mortgage interest rates need to remain low & negative gearing needs to be at least capped. Rome wasn’t built in a day - 4yrs is reasonable for BankingRC victims to recover from the 2007 GFC.
Source: smh - 🏆 6. / 80 Read more »