Pete Wargent - Author at Street News

A Negative Spin on Property?

By Pete Wargent on 20 Aug 2013 No Comments yet, your thoughts are very welcome

The mainstream media have latched onto the auction frenzy and have called that a property boom is at hand in the eastern states. Meanwhile, more serious economists such as Bassanese at the AFR "remain bullish house prices", while Michael Matusik notes that Australia's eastern states could see price growth ...

Reasons to be Cheerful: 1, 2, 3…

By Pete Wargent on 13 Aug 2013 No Comments yet, your thoughts are very welcome

Here's a heads up: the one constant in the world is change, and change brings opportunities. So, we only really have two choices: we can either whinge about the changes that will inevitably occur or we can see them as opportunities and get on with life. In fact, that is the mark of every great investor who has ever lived ...

Market Psychology – Sydney Property Booming

By Pete Wargent on 6 Aug 2013 No Comments yet, your thoughts are very welcome

The Sydney property market once again recorded an "extraordinary" 81.3 per cent auction clearance rate on Saturday at a median sale price of some $835,000 according to Australian Property Monitors. One auction clearance result at such an elevated level may or may not represent an anomaly ...

Could The Touted Recession Get Revised Away?

By Pete Wargent on 30 Jul 2013 No Comments yet, your thoughts are very welcome

It's well known that some commentators have been going on and on (and on) about the risk that Australia will sink into recession. Australia's GDP growth is bumbling along at a trend of 2.6 per cent per annum or a seasonally adjusted 2.5 per cent p.a. The bearish excitement reached fever pitch ...

Let’s Play Property Darts!

By Pete Wargent on 23 Jul 2013 No Comments yet, your thoughts are very welcome

So many unlikely parts of Australia have been tipped as potentially hot regions for property price capital growth over the years that it does sometimes feel like those tipping them are throwing darts at a map of Australia blindfolded ...

Housing Bust has been a Real Fizzer

By Pete Wargent on 16 Jul 2013 No Comments yet, your thoughts are very welcome

The 'inevitable Australian housing bust' has turned out to be a real fizzer. We haven't been short of property crash predictions in Australia, but so far the forecasts have come to nought, with market sentiment once again reversing northwards from mid-2012 as interest rates were dropped ...

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