How the housing crisis is reshaping Australia

The launch of a new chatbot by Chinese artificial intelligence company DeepSeek triggered a plunge in US tech stocks as it appeared to perform as well as OpenAI’s ChatGPT and other AI models but using fewer resources. Helen Pidd speaks to Robert Booth, the Guardian’s UK technolog ...  Afficher plus

Around the world, soaring inflation has pushed voters to turn on incumbent governments. But one country bucked the trend – Mexico, where the leftwing Morena party recorded a landslide victory. The key to it’s success? A policy platform built on minimum salary rises, labour reform ...  Afficher plus

Big interest rate rises since May 2022 have finally seen house prices begin to drop in our most populous cities. In the latest Corelogic data for October, Sydney home prices fell 0.1% in a month, while Melbourne was 0.2% down. It’s still a mixed picture across the country, with n ...  Afficher plus

While housing markets play a significant role in economies, new research shows houses across 40 countries are less affordable than at any time since the 2008 financial crisis. IMF economist Deniz Igan helped develop the Housing Affordability Index. In this podcast, she says the p ...  Afficher plus

Thursday 30th September 2021 

The local share market tumbles as global fears about inflation spook equities. 

Also today:

Over the past year, frustration over the cost of housing in the United States has become a centerpiece of the presidential race, a focus of government policy and an agonizing nationwide problem.

Conor Dougherty, who covers housing for The Times, explains why the origin o ...