Thursday 5 May 2011

Actuary analyses Australian Residential Housing market

Anthony Street (ex Macquarie Bank) presented this paper to the Institute of Actuaries in Australia at their biennial convention, 10-13 April 2011.

In my opinion it is the best statistical evidence showing why there is a property bubble in Australia.

I commend this paper to you: it is quite readable and Street does not have a vested interest in the field unlike almost all other commentators.

Presentation slides:

Audio:

Paper: