Comments on: Australia: Doors opening for guest-worker plan http://communicatinglabourrights.wordpress.com/2008/03/31/australia-doors-opening-for-guest-worker-plan/ labour and globalisation blog for journalists and media Sat, 26 Jul 2008 00:28:48 +0000 http://wordpress.org/?v=MU By: skilline http://communicatinglabourrights.wordpress.com/2008/03/31/australia-doors-opening-for-guest-worker-plan/#comment-459 skilline Tue, 01 Apr 2008 09:53:09 +0000 http://communicatinglabourrights.wordpress.com/2008/03/31/australia-doors-opening-for-guest-worker-plan/#comment-459 Not only would a price reduction attract renters into the owner occupier market, but it would also attract new investors, not only from those who could now afford property on account of it being cheaper, but also those who have put off investing because they expect the bubble to burst, and don’t want to be there when it happens. Besides, if prices fell, that would improve yields (making investment property more attractive) even without an increase in rents. Possum, I think the whole “investors abandoning a falling market” leading to a soaring rents is bunk. Do you have data from which you could work out whether there is a correlation between house prices and rents (possibly with some lead or lag)? Because I have a feeling rising property values have been the biggest drivers of rent increases over the years. www.skilline.com Not only would a price reduction attract renters into the owner occupier market, but it would also attract new investors, not only from those who could now afford property on account of it being cheaper, but also those who have put off investing because they expect the bubble to burst, and don’t want to be there when it happens. Besides, if prices fell, that would improve yields (making investment property more attractive) even without an increase in rents. Possum, I think the whole “investors abandoning a falling market” leading to a soaring rents is bunk. Do you have data from which you could work out whether there is a correlation between house prices and rents (possibly with some lead or lag)? Because I have a feeling rising property values have been the biggest drivers of rent increases over the years. www.skilline.com Not only would a price reduction attract renters into the owner occupier market, but it would also attract new investors, not only from those who could now afford property on account of it being cheaper, but also those who have put off investing because they expect the bubble to burst, and don’t want to be there when it happens.

Besides, if prices fell, that would improve yields (making investment property more attractive) even without an increase in rents.

Possum, I think the whole “investors abandoning a falling market” leading to a soaring rents is bunk. Do you have data from which you could work out whether there is a correlation between house prices and rents (possibly with some lead or lag)? Because I have a feeling rising property values have been the biggest drivers of rent increases over the years.
http://www.skilline.com
Not only would a price reduction attract renters into the owner occupier market, but it would also attract new investors, not only from those who could now afford property on account of it being cheaper, but also those who have put off investing because they expect the bubble to burst, and don’t want to be there when it happens.

Besides, if prices fell, that would improve yields (making investment property more attractive) even without an increase in rents.

Possum, I think the whole “investors abandoning a falling market” leading to a soaring rents is bunk. Do you have data from which you could work out whether there is a correlation between house prices and rents (possibly with some lead or lag)? Because I have a feeling rising property values have been the biggest drivers of rent increases over the years.
http://www.skilline.com

]]> By: News Digest - 1 April 2008 « King Valley Watchdog http://communicatinglabourrights.wordpress.com/2008/03/31/australia-doors-opening-for-guest-worker-plan/#comment-457 News Digest - 1 April 2008 « King Valley Watchdog Tue, 01 Apr 2008 07:40:30 +0000 http://communicatinglabourrights.wordpress.com/2008/03/31/australia-doors-opening-for-guest-worker-plan/#comment-457 [...] Australia: Doors opening for guest-worker plan Australia is a step closer to accepting Pacific Island workers under a temporary arrangement to meet labour shortages. In a signal that the Government is looking to ease immigration laws and allow Pacific Islanders to work in Australia, parliamentary secretary for Pacific Island affairs Duncan Kerr has challenged Australian industry to show precisely where more workers are needed. (1 Apr 08 - glabourwriters) [...] [...] Australia: Doors opening for guest-worker plan Australia is a step closer to accepting Pacific Island workers under a temporary arrangement to meet labour shortages. In a signal that the Government is looking to ease immigration laws and allow Pacific Islanders to work in Australia, parliamentary secretary for Pacific Island affairs Duncan Kerr has challenged Australian industry to show precisely where more workers are needed. (1 Apr 08 - glabourwriters) [...]

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