The Australian Financial Review reports that apartments in central Melbourne are being resold at up to 30 per cent less than their off-the-plan purchase price. Read more →

Is the Australian residential property market so overpriced that we should be shorting our banks? Or is it reasonably priced because of low interest rates? In attempting to assess residential property’s fundamental worth we need to recognise that residential property has two very different functions - as a home providing safe shelter and as an investment providing a return. Read more →