This book provides readers with a through understanding of the short - and long - term economic factors affecting the residential market. through much research and investigation, Peter Waxman brings together a comprehensive reference with information on renting versus buying as well as supply and demand of residential property.
He also looks at the key determinants of house prices and how and why they vary between the different capital cities. Waxman also looks at the financial side of buying a residential property including information such as:sources of finance, mortgage repayments, government assistance and regulation and the state of the economy and its influence on residential property and the property cycle.
This new edition has been updated to include information on the GST, the First Home Owners Grant as well as revising all statistics and trends from the previous edition.
