DEFINING HOUSING AFFORDABILITY HAS CREATED A CHALLENGE FOR ACADEMICS, INDUSTRY AND GOVERNMENT OVER MANY YEARS WHILE RANKING THE AFFORDABILITY OF CITIES IS EVEN MORE CHALLENGING WITH OVER SIMPLIFICATION BEING THE MAJOR ISSUE. Measures such as dividing median house price by median income to provide comparison gives an indicator of housing affordability but it is only […]
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THIS WEEK ABS DATA WAS RELEASED SHOWING THAT THE NUMBER OF HOME LOANS INCREASED 18.9 PER CENT IN WESTERN AUSTRALIA TO THEIR HIGHEST LEVEL SINCE 2009, DRIVEN BY AN INCREASE IN LOANS TO UP-GRADERS (I.E. NON-FIRST HOME BUYERS). The amount borrowed also rose with both first home buyers and non-first home buyers increasing the amount […]
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The West Australian The number of students who live in the city centre may outstrip resident professionals as construction starts next month on the third student tower in postcode 6000. The $38 million, 39-storey skyscraper on Wellington Street — where student rooms will tower over Bankwest in neighbouring Raine Square — will be the fifthtallest […]
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