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Thumbnail image for Michael Marquette’s “View from the Bridge”: Spending Frenzy, Recession, and Real Estate

Michael Marquette’s “View from the Bridge”: Spending Frenzy, Recession, and Real Estate

Michael Marquette, Partner at Marquette Turner Luxury Homes, looks at how real estate in Australia continues to suffer by the senseless need to use credit as if it were “free cash”.

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Thumbnail image for What the !@$%…?  When Does a Recession Become a Depression?

What the !@$%…? When Does a Recession Become a Depression?

The word “Depression” instantly conjures up black and white images of people waiting in line for bread and soup in America from the Great Depression 1920’s and 1930’s, when the world economy plunged dramatically. The effects were felt in pretty much every country, rich or poor, and international trade decreased by approximately half to two-thirds, as did personal income, tax revenues, prices and profits.

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Australia Will Likely Avoid Recession

Australia’s economy will avoid a recession next year, helped by lower interest rates, government spending and exports. A recent Report (Economic Outlook No 84) by the Paris-based Organization for Economic Cooperation and Development (OECD) stated that the Australian economy will grow 1.7 percent in 2009 from 2.5 percent this year, before accelerating to 2.7 percent […]

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Who’s in Recession? Germany, Japan, US and the UK

The news is moving more quickly than I can keep up with. I have just arrived back to the office after running my dogs and CNN announced that Germany is in recession. So when we look at the world’s largest five economies, three are in recession, the United States is all but in recession and […]

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The UK in Recession

It’s difficult to watch the television, read newspapers or generally go outside of your home right now without being bombarded with negative news on the economy. The US economy is all but in recession, New Zealand is already in recession, Japan is in recession and as of today so is the United Kingdom. The Governor […]

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Thumbnail image for Is the US Heading for a Recession or the Almighty “D” word?

Is the US Heading for a Recession or the Almighty “D” word?

On my way across to the US yesterday I really couldn’t help but hear people on the plane discussing the state of the US economy. Confidence is very low and it would seem as a foreigner that Americans are looking for change which seems to be Barack Obama. The Americans I have met so far aren’t talking recession – they are talking about a “Depression”.

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Concrete-house-at-sunset-Photo-by-Daniel-Barnes-on-Unsplash-Marquette-Turner-Luxury-Homes

Chief Economist Outlook: Housing prices will continue to rise

The following article was originally published on figure.com on March 14, 2019 Going into 2019, my forecast is that inflation in the US will remain subdued and the Fed will not increase interest rates. With mortgage rates contained and household wages growing, I anticipate the housing market will see a rebound in sales, inventories will be moderate, […]

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The value of Australian property through the eyes of foreigners

While Sydney property has had extraordinary growth over the last three years (52.5 per cent according to RP Data), putting it out of reach of many Australians, it is still relatively affordable for many foreigners. In the last three years, the Australian dollar has dropped in value by 34 per cent when compared to the […]

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office space

Investing in UK Office Space

If you are interested in property investment, do not overlook the potential of the UK commercial sector. There are opportunities to invest in office space and other kinds of commercial buildings across the world and the profits to be made are good. In many parts of the world, the recession is ending and as a […]

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The Top 4 Indian Cities for Luxury Real Estate

It doesn’t matter whether you are an expat or native to a given Indian city, if you have a strong savings account the luxury housing market has typically been viewed as more immune to the fluctuations of the housing market than the lower end of the spectrum. However, the trend is changing and so is […]

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