Look No Home Loan! Another Market Distortion!

March 13, 2024 00:10:04
Look No Home Loan! Another Market Distortion!
Digital Finance Analytics (DFA) Blog
Look No Home Loan! Another Market Distortion!

Mar 13 2024 | 00:10:04

/

Show Notes

PEXA just released their second edition of their Cash Purchases Report which highlights residential property transactions that were funded entirely with cash. That is, residential properties purchased without a home loan. The share of mortgage-free transactions rose by 2.9 percentage points to 28.5 per cent of all home sales. And this is important, because it helps to explain the apparent contradiction between the rise in property prices at a time when mortgage interest rates have also risen, a weird combination to say the least. Some migrants, from the near 1 million arriving, come with sufficient cash to buy, as well […]

Other Episodes

Episode

January 15, 2025 00:10:13
Episode Cover

The Gas Problem That Will Crush Australians!

Last week the ACCC released their Gas Inquiry 2017-2030 interim report, and it makes horrifying reading. It is such a monumental stuff-up over a...

Listen

Episode 0

September 04, 2020 00:52:09
Episode Cover

The Recovery Hits Stall Speed [Podcast]

The latest in our series of Friday afternoon chats in which Journalist Tarric Brooker @AvidCommentator on Twitter and I discuss the latest economic data....

Listen

Episode

June 10, 2019 00:28:37
Episode Cover

An Insider Speaks To The People [Podcast]

Here is an extended discussion between Ex APRA/ASIC Executive Wilson N. Sy, Economist John Adams and Analyst Martin North. We look at how banking...

Listen