The USA: basket case or no?
Being the value seeker I am, I recently took advantage of the strong Australian dollar to spend my holidays in the USA. Or perhaps I should narrow that down; I visited New York and San Francisco,...
View ArticleRational response, or property bubble?
With the official interest rate recently cut to a record low of 2.5%, Sydney’s house prices are booming again. Auction clearance rates have been over 80% for the past three months, compared to 57% in...
View ArticleChinese investors say ‘G’day’
‘On a recent Sunday, a Honolulu matron answered the door of her stately home to find three Japanese businessmen who offered her $300,000 for it on the spot; they wanted it as a vacation center [sic]...
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