thailand
Australia News

Rising Mortgage Rates Take Toll on Young Australians, but First-Time Buyers Remain Optimistic

Despite falling home costs due to higher interest rates, youthful Australians are being shut out of the market. According to the latest statistics from the Australian Bureau of Statistics, the number of people purchasing their first house in January fell by 8.1%, reaching its lowest since February 2017. Six years ago, in that very same month, the Australian Prudential Regulation Authority declared an assault on interest-only and investment loans, which triggered a decline in the housing market. In January 2021, two months after the Reserve Bank of Australia reduced interest rates to a record low of 0.1 percent, there was

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March 6, 2023 No Comments
property News

Thailand: Lifull Acquiring FazWaz and Dot Property Partnership

In the ever-evolving landscape of Southeast Asian real estate, strategic collaborations and technological advancements are reshaping the industry. The latest move comes from Japanese portal provider Lifull Co, which recently made headlines by acquiring FazWaz Group and forging a partnership with Dot Property Co, both deeply rooted in Thailand’s vibrant economy. Founded in 2015 by Brennan Campbell, Michael Kenner, and Paul Trayman, FazWaz swiftly established itself as a prominent player in Thailand’s real estate market. Their innovative approach, blending a real estate platform with cutting-edge property technology solutions, captured the attention of industry insiders and clients alike. FazWaz’s offerings, such

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February 28, 2023 No Comments
Australia News

Landlords Cannot Solve Australia’s Housing Crisis.

Most federally elected members of the Australian Labor Party are also landowners. This may be why they have been unable to solve the housing shortage. In Australia, the property problem is once again the main topic of conversation. The ninth consecutive interest rate hike by the Reserve Bank of Australia can put millions of people under even more financial strain on account of their mortgages. The main piece of housing legislation pushed by the Labor administration has been halted in Parliament due to its many flaws. Then, rather uncomfortably, it came out that Prime Minister Anthony Albanese is a landlord

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February 16, 2023 No Comments