No fast fixes for Housing Affordability Conundrum

Market analyst, Catherine Cashmore, recently wrote a review of the housing market, and her perspective on the economic factors that have underpinned house prices to date.
She speculated on how such policies as negative gearing, the first home owners grant, and reductions to interest rates have impacted property investment and home buyer affordability.
Cashmore quoted from a report published in The Economist that the property market in Australia is ‘overvalued’, and that a lot of local and offshore analysts predicting a fall in property prices at some point in the ‘post mining’ future.
To add further perplexity to the conundrum of future house prices and affordability, Cashmore pointed out the Reserve Bank of Australia (RBA)’s own recent presentation, titled “Housing and Mortgage Markets: The Long Run, the Short Run and the Uncertainty in Between,” has not eliminated the possibility of a downturn in housing at some point in the future.
In presenting the issues, Cashmore wrote that the RBA outlined its own uncertainty regarding future housing affordability outcomes, and acknowledged that predicting an outcome is not assured as it depends on how the point was arrived at in the first place.
Source: http://www.propertyobserver.com.au/residential/there-are-no-quick-fixes-to-the-housing-affordability-conundrum-catherine-cashmore-ccashmore_buyer/2013052661628/Page-1

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FROM CMS_Personalization
WHERE PersonalizationUserID = 65 AND PersonalizationDocumentID = 3349
PageContext.CurrentPage_InitComplete 0.000
 
CloseConnection()
PageContext.CurrentPage_InitComplete N/A
OpenConnection()
BasicRepeater.OnLoad N/A
14
(.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/26/2017 5:57:57 PM';
DECLARE @NodeGUID uniqueidentifier = 'ab8095fa-60b2-40c1-a274-8af4f34a6bd4';
DECLARE @RelationshipName nvarchar(max) = N'isrelatedto';
DECLARE @DocumentCulture nvarchar(max) = N'en-au';
DECLARE @CMS_C int = 1;

SELECT *
FROM (
SELECT *, ROW_NUMBER() OVER (PARTITION BY NodeID ORDER BY CASE WHEN [DocumentCulture] = @DocumentCulture THEN 1 ELSE 2 END, DocumentCulture) AS [CMS_C]
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_Article AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.ArticleID AND V.ClassName = N'CMS.Article' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeID] IN (
SELECT [RightNodeID]
FROM CMS_Relationship LEFT OUTER JOIN CMS_RelationshipName ON CMS_Relationship.RelationshipNameID = CMS_RelationshipName.RelationshipNameID
WHERE [LeftNodeID] IN (
SELECT [NodeID]
FROM CMS_Tree
WHERE [NodeGUID] = @NodeGUID
) AND [RelationshipName] = @RelationshipName
) AND [DocumentCulture] = @DocumentCulture)
) AS SubData
WHERE [CMS_C] = @CMS_C
1.3 kB
 
BasicRepeater.OnLoad 0.016
 
CloseConnection()
BasicRepeater.OnLoad N/A
OpenConnection()
N/A
15
(.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/26/2017 5:57:57 PM';
DECLARE @NodeGUID uniqueidentifier = 'ab8095fa-60b2-40c1-a274-8af4f34a6bd4';
DECLARE @RelationshipName nvarchar(max) = N'isrelatedto';
DECLARE @DocumentCulture nvarchar(max) = N'en-au';
DECLARE @CMS_C int = 1;

SELECT *
FROM (
SELECT *, ROW_NUMBER() OVER (PARTITION BY NodeID ORDER BY CASE WHEN [DocumentCulture] = @DocumentCulture THEN 1 ELSE 2 END, DocumentCulture) AS [CMS_C]
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_BlogPost AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.BlogPostID AND V.ClassName = N'CMS.BlogPost' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeID] IN (
SELECT [RightNodeID]
FROM CMS_Relationship LEFT OUTER JOIN CMS_RelationshipName ON CMS_Relationship.RelationshipNameID = CMS_RelationshipName.RelationshipNameID
WHERE [LeftNodeID] IN (
SELECT [NodeID]
FROM CMS_Tree
WHERE [NodeGUID] = @NodeGUID
) AND [RelationshipName] = @RelationshipName
) AND [DocumentCulture] = @DocumentCulture)
) AS SubData
WHERE [CMS_C] = @CMS_C
1.3 kB
 
BasicRepeater.OnLoad 0.000
 
CloseConnection()
BasicRepeater.OnLoad N/A
OpenConnection()
N/A
16
(.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/26/2017 5:57:57 PM';
DECLARE @NodeGUID uniqueidentifier = 'ab8095fa-60b2-40c1-a274-8af4f34a6bd4';
DECLARE @RelationshipName nvarchar(max) = N'isrelatedto';
DECLARE @DocumentCulture nvarchar(max) = N'en-au';
DECLARE @CMS_C int = 1;

SELECT *
FROM (
SELECT *, ROW_NUMBER() OVER (PARTITION BY NodeID ORDER BY CASE WHEN [DocumentCulture] = @DocumentCulture THEN 1 ELSE 2 END, DocumentCulture) AS [CMS_C]
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_PressRelease AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.PressReleaseID AND V.ClassName = N'CMS.PressRelease' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeID] IN (
SELECT [RightNodeID]
FROM CMS_Relationship LEFT OUTER JOIN CMS_RelationshipName ON CMS_Relationship.RelationshipNameID = CMS_RelationshipName.RelationshipNameID
WHERE [LeftNodeID] IN (
SELECT [NodeID]
FROM CMS_Tree
WHERE [NodeGUID] = @NodeGUID
) AND [RelationshipName] = @RelationshipName
) AND [DocumentCulture] = @DocumentCulture)
) AS SubData
WHERE [CMS_C] = @CMS_C
1.3 kB
 
BasicRepeater.OnLoad 0.000
 
CloseConnection()
BasicRepeater.OnLoad N/A
OpenConnection()
CMSWebParts_Viewers_Basic_BasicRepeater.OnPreRender N/A
17
(cms.blogpost.generalselect)
DECLARE @NodeSiteID int = 1;
DECLARE @Now datetime2 = '4/26/2017 5:57:57 PM';
DECLARE @NodeAliasPath nvarchar(max) = N'/News-Media/News-Hub/No-fast-fixes-for-Housing-Affordability-Conundrum';
DECLARE @DocumentCulture nvarchar(max) = N'en-AU';

SELECT *
FROM View_CMS_Tree_Joined AS V WITH (NOLOCK, NOEXPAND) INNER JOIN CONTENT_BlogPost AS C WITH (NOLOCK) ON V.DocumentForeignKeyValue = C.BlogPostID AND V.ClassName = N'CMS.BlogPost' LEFT OUTER JOIN COM_SKU AS S WITH (NOLOCK) ON V.NodeSKUID = S.SKUID
WHERE [NodeSiteID] = @NodeSiteID AND (([DocumentCanBePublished] = 1 AND ([DocumentPublishFrom] IS NULL OR [DocumentPublishFrom] <= @Now) AND ([DocumentPublishTo] IS NULL OR [DocumentPublishTo] >= @Now)) AND [NodeAliasPath] = @NodeAliasPath AND [DocumentCulture] = @DocumentCulture)
ORDER BY BlogPostDate DESC
817 B
 
Table (1 [169], 3 kB)
 
CMSWebParts_Viewers_Basic_BasicRepeater.OnPreRender 0.016
 
CloseConnection()
CMSWebParts_Viewers_Basic_BasicRepeater.OnPreRender N/A
  17 queries, 14.8 kB write, 24 kB read   0.125
Macros resolved in the content of this page:
 ExpressionResultUserContextDuration
1 {% CanonicalURL != "" %} False CMSAbstractWebPart.OnInit 0.000
> CanonicalURL != "" False 0.000
2 {% NoFollow %} null 0.000
> NoFollow null 0.000
3 {% IncludeOptimizely %} null 0.000
> IncludeOptimizely null 0.000
4 {% DisclaimerContent %} null PageContext.CurrentPage_InitComplete 0.000
> DisclaimerContent null 0.000
5 {% pagetitle_orelse_name %} No fast fixes for Housing Affordability Conundrum DocumentBase.Load 0.000
> pagetitle_orelse_name No fast fixes for Housing Affordability Conundrum 0.000
6 {% CurrentDateTime.Hour %} 17 FIRSTMAC-srvc-kentico CMSWebParts_General_javascript.OnPreRender 0.000
> CurrentDateTime.Hour 17 FIRSTMAC-srvc-kentico 0.000
7 {% CurrentDateTime.Hour %} 17 FIRSTMAC-srvc-kentico 0.000
> CurrentDateTime.Hour 17 FIRSTMAC-srvc-kentico 0.000
      
Web farm synchronizations done by this page:
 Task typeTargetDataContext
1 DICTIONARYCOMMAND DELETEITEMINT¦om.contact_ContactID¦3159448 SimpleHandler`2.StartEvent
2 DICTIONARYCOMMAND DELETEITEMSTRING¦om.contact_ContactGUID;ContactSiteID¦f8cd4b8c-ae26-4ab3-a4a3-b6ede577ce42|1
3 TOUCHCACHEITEM om.contact|all¦om.contact|byid|3159448¦om.contact|byguid|f8cd4b8c-ae26-4ab3-a4a3-b6ede577ce42 SimpleHandler`2.StartEvent
4 DICTIONARYCOMMAND DELETEITEMINT¦om.contact_ContactID¦3159448 SimpleHandler`2.StartEvent
5 DICTIONARYCOMMAND DELETEITEMSTRING¦om.contact_ContactGUID;ContactSiteID¦f8cd4b8c-ae26-4ab3-a4a3-b6ede577ce42|1
6 INVALIDATEOBJECT om.contact 3159448 SimpleHandler`2.StartEvent
     
ViewState used by the controls of this page:
 Control IDIs dirtyViewStateTotal size
1 form Yes
action = "/news-hub/fast-fixes-housing-affordability-conundru" (51 B)
51 B
 
2 p
pnlPage
Yes
CssClass = "PagePlaceholder" (15 B)
15 B
 
3 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId1
Yes
Text = "sfvxc4txrev1dfki3iqcntfh" (24 B)
24 B
 
4 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId2
Yes
Text = "sfvxc4txrev1dfki3iqcntfh" (24 B)
24 B
 
5 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId3
Yes
Text = "sfvxc4txrev1dfki3iqcntfh" (24 B)
24 B
 
6 ScriptWebparts
Firstmac_RetailGTMDataLayer
ctrlSessionId4
Yes
Text = "sfvxc4txrev1dfki3iqcntfh" (24 B)
24 B
 
7 pageplaceholder
p
pnlPage
Yes
CssClass = "PagePlaceholder" (15 B)
15 B
 
8 ZoneA
BlogPostsDataSource
srcDocuments
Yes
IsSelected = True
0 B
 
9 BlogPostsRepeater
plcBasicRepeater
N/A
Yes
Yes
Yes
Yes
Yes
Yes
ZeroRowsText = "No data found" (13 B)
ResolveDynamicControls = True
DataSourceName = "BlogPostsDataSource" (19 B)
HideControlForZeroRows = True
DataBindByDefault = False
_!ItemCount = 1
32 B
 
10 dbg
pnlDebugContainer
No
CssClass = "debug" (5 B)
5 B
 
     Total viewstate size: bytes