Money laundering, buying elections and housing affordability
With the Australian federal election coming, both the Labor and the Liberal/National Coalition parties have announced policies to buy votes. ...
real estate
Real Estate price forecasts in the media
It’s good that finally the media is including forecasts when discussing the future of Australian’s real estate prices. However we can improve on the forecasts being used. The CoreLogic Moody’s forecasts that are quoted are regularly highly inaccurate; Vifortech Solutions has proved it can do better. Comparing the percentage error of annual forecasts in the discussion below, we see: In only one case is the Vifortech Solutions forecast wrong by more than 25%; and In four out of five cases the CoreLogic Moody’s forecast is wrong by more than 30%....
Real estate as an investment
I recently presented at the 2017 Q Group colloquium on You can apply rigorous analytics to the real estate asset class (it doesn’t have to be guesswork and slick salesmanship) I want to help people see that the real estate asset class can be treated as an investment, rather than speculation. In my view, buying one house, or even a handful, isn’t investing, it is speculating. However, saying that, I do know you can treat real estate as an investment....
Disasters and Real Estate
Disasters happen to people The recent Cyclone Debbie was a disaster. People were hurt and killed. The psychological impact is, and will be, dreadful. I’m not going to talk about the human impact - only the economics. I could not do justice to the people involved. I’d suggest a visit to the Red Cross or similar organisation to help those impacted. Disasters are “News” The Cyclone Debbie disaster, naturally, made news worldwide (BBC, CNN, Guardian, NY Times) and of course real estate prices started getting discussed....
Presenting at the 2017 Q Group Colloquium
I’m excited to be presenting this year at The Institute of Quantitative Research in Finance Inc. (also known as the Q Group) colloquium. It’s being held on Thursday, July 20. I’ll be presenting on You can apply rigorous analytics to the real estate asset class (it doesn’t have to be guesswork and slick salesmanship) The Q Group website is a good starting point to find out about the group....