Paul Ryan

@JoelDignam Thanks very much! But I don’t understand what you mean by “proportion of loans” - I have calculated new investor and FHB loans as a share of existing rental properties to give a (rough! ) idea of new vs existing investors and what share of renters are transitioning to ownership

@slrsnbrg It’s just a lot of data to display! I would love to have dynamic html releases with this kind of data… watch this space. For people researching properties we have these suburb pages that have median rents and prices etc for each number of bedrooms, e.g. realestate.com.au/nsw/newtown-20…

@slrsnbrg Do you just want reference to what number of bedrooms the median home has in the release? It’s always a 3br house and 2br unit iirc

@ash_craig This actually was announced in the budget along with the fee -free TAFE places: 1,900 fast-tracked visas for skilled construction workers (not up on how that is defined)

If the government (or opposition) values immigration but is concerned about house prices, why not change the skilled migration program to get more migrants with the skills holding back housing construction? (This would be a complement to relaxing zoning, not an alternative.)

Once again, NIMBYism is indistinguishable from parody

The costs of our overly risk-averse lending regulations, which lock people out of the housing market, are starting to get more coverage afr.com/companies/fina…

Rental affordability has hit its worst level on our records according to our new PropTrack Rental Affordability Index. You can read the full report, from my colleague @pryno and me here: realestate.com.au/insights/propt… (1/4)

@parrapower2022 @AvidCommentator These are PropTrack estimates of the cashflow of recent investors (comparing last advertised rent prices to interest on an 80LVR loan).

@AvidCommentator Daily Telegraph

Negative gearing is 8th wonder of the world. Aussie Aussie Aussie Oi Oi Oi @AvidCommentator

@peter_tulip @Emilie_Dye Good summary!

A clear, accessible, 4-page summary of the housing issue by my CIS colleague @Emilie_Dye . cis.org.au/publication/ho…

@AvidCommentator We have covered similar concepts over time in our affordability report: proptrack.com.au/wp-content/upl…

I have 51 years worth of data on median Aussie housing prices and interest rates. The missing piece of the puzzle is median household income data. With that data I could tell how what proportion of median income was needed to own a home in any capital year by year.

Great piece from @michaelkoziol. Cities are always changing, let’s embrace it and make them better smh.com.au/national/nsw/w…

@vb_jens Fantastic, I will read with extreme interest. Have read through the blog a lot since it was pointed out to me, an absolutely brilliant resource, thank you.

Just remembered that @pryno has done something similar for Australia and might be interested in this post up top.

New post with @kstewartVAN revisiting our First Time Buyer Lorenz Curves affordability metric. Updated with 2021 data, adding in property tax effects, and introducing a discretized version to make it easier to compare across metros and change over time. doodles.mountainmath.ca/blog/2024/01/1…

@elyobo The bubbles on the side of the glass are caused by nucleation points (the glass isn’t clean) - not the underlying carbonation of the beer itself

@MattCowgill The secret is to draw a line of best fit* * functional form chosen to match your argument

Blogs are good again (this one is great, looking forward to following!)

@ash_craig Good luck! Let me know if any data can help your search!

We are house-hunting in a major Australian city. It’s very clear that you would have to skip a **lot** of avocado toasts to be able to buy a house.

Today, we release our flagship Melbourne's Missing Middle report. We want a Melbourne for everyone. One that's liveable, affordable, and sustainable. This document provides the key steps to getting us there. yimbymelbourne.org.au/missing-middle

@MattCowgill @wfmackey The guerilla movement has only grown since I left

@Jonathan_Nolan_ @BenPhillips_ANU @DrCameronMurray It's also difficult to identify sales to investors - e.g. need to observe the property relisted for rent. ~35% of new credit to investors is another stat that points to this overestimating investor exits.

@BenPhillips_ANU @DrCameronMurray I agree it’s not a very illuminating stat. I do wonder if owner occupiers and investors demand different things such that a lower number than the overall share of ownership might be expected.

Given owner occupiers are 2/3rds of the market you’d expect them to buy most properties. A higher share than normal generally means increased home ownership

.@MaresPeter is an influential writer on housing policy, so his long article in Inside Story deserves a response, especially as it highlights some common misunderstandings. A thread. 1/9 insidestory.org.au/flawed-foundat…