Steve Keen
Steve Keen articles. Read the latest news, information and feature articles on Steve Keen
-
The 7 must-know numbers of the week, starting with Steve Keen's harbinger of the housing bubble bursting
The number of consecutive months house prices have fallen, according to the ABS. "The odds are that the rate of decline will accelerate in the ... Read More -
ABS figures show Australia's housing price bubble is bursting: Steve Keen
There are several providers of statistics on Australian house prices, but only one that doesn’t have a vested interest in the direction house prices a... Read More -
Australian housing market still facing Japan- or US-style downturn due to deleveraging: Steve Keen
The Australian housing market is at a point where it will either decline slowly or collapse swiftly due to the drive among households to reduce their ... Read More -
Flat-lining 2012 Australian housing prices no longer falling: Christopher Joye
The new daily house price index launched by RP Data and Rismark in concert with the ASX affords some timely insights into the latest market dynamics. ... Read More -
Oscillating rates debate with hip pockets and reputations at stake: Christopher Joye
Anyone predicting a much lower 3.5% RBA cash rate by June this year is being frustrated by the notoriously fickle financial markets (and a purportedly... Read More -
Banks’ out-of-cycle rate rises exception, rather than rule: Christopher Joye
Stability is an underrated virtue. Or, put a little more eloquently, exercising the “option to wait” is often underprized or overlooked completely. Hu... Read More -
The 7 must-know numbers of the week
The amount by which economist Steve Keen thinks house prices will fall by the end of the year. "Overall, the likely outcome is a fall of 6% 10%... Read More -
Australian housing price bubble is a myth: Michael Yardney
Probably the biggest property myth of 2011 was the claim that Australia was in a “property bubble” that was about to burst. It was only a few years a... Read More -
Rate cut would silence 'doomsters' and improve already high affordability: CommSec's Craig James
An expected cut in interest rates tomorrow will cause housing affordability to improve even further than its current eight-year high and should silenc... Read More -
The 7 must-know numbers of the week
The amount by which American self-described "real estate expert"Jordan Wirsz predicts Australian house prices will fall in the next five y... Read More -
Aussie house prices could be on the rise again: Christopher Joye
For most of this year Australians have had to read asinine media articles reporting purported experts predicting catastrophically large 20%, 40% and, ... Read More -
A 60% price fall - Incredible prediction of Australian real estate bloodbath excites Twitter
A forecast that Australian property prices will fall 60% over the next few years has excited the Twitterverse. The prominent property doom commentato... Read More -
Housing crash talk due to envisaged first-home delinquencies just hyperbole: Christopher Joye
If you trawl through CBA's covered bond promo materials there is some fascinating new data that confirms points about the housing market I'v... Read More -
Australia's housing bubble is finally ending: Steve Keen
Mortgage debt is by far the largest component of debt in Australia today—government debt, which is the focus of political debate, is trivial by compar... Read More -
The top 10 property numbers of the year
The amount by which economist Steve Keen thinks Australian property prices will fall from their peak in the next 10 to 15 years. In October Keen sai... Read More -
The great house price debate - which side will be proven right in 2012?
It’s just about over – the year of the great Australian house price debate. If there were a prize for the number of diverse viewpoints on the future ... Read More -
Australia's housing bubble will burst eventually, with debt the main cause
During the past four days days the latest monthly data on credit growth in Australia from the RBA and the latest quarterly house prices data and month... Read More -
The great mortgage stress myth: We're paying off our homes faster
By the reaction in the media, yesterday's rate cut by the Reserve Bank is the greatest thing since, well, the last rate cut 31 months ago. It... Read More -
Expect rebound after RBA's bold decision, a game changer for housing
The net effect of yesterday’s decision by the RBA to normalise its official target cash rate back to 4.5% is to hand back to borrowers the large top-u... Read More -
Rate cut based on flawed reasoning: Steve Keen
Bearish economist Steve Keen says there are a few flawed reasons for the Reserve Bank interest rate cut. “They have cut rates this time around not be... Read More
