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Welcome to TheMoveChannel.com Australia News Homepage, where you can keep up with all the latest Australian property news, covering a range of property investment, real estate industry and personal finance news topics. If you like our news, why not sign up to one of our newsletters or RSS feeds and read it every day!7 simple ways to house 7 billion
Photo credit: 7 Billion Actions / JJelenBass
This week, the world population hit 7 billion. The number of people on the planet has doubled over the last 50 years and there are now 21 mega cities around the world housing 10 million or more. According to National Geographic, “7 billion people could fit shoulder-to-shoulder in Los Angeles”, but what if people want a home?
With 5 people born every second, and life expectancy on the up, the population is expected to reach 9 billion within 35 years. Where will they all live?
Here are 7 simple ways to house 7 billion people:
1. Live in space
Latest Australia News
Australia's rental market could boom in 2012 as the country suffers from a chronic lack of supply according to the chief executive of the Real Estate Institute of New South Wales.
Figures from property consultant RP Data-Rismark showed Sydney had been the nation's best performer, with dwelling values up 0.4 percent in December. The median dwelling price for Sydney stood at A$485,000 ($512,700).
Overseas property buyers from China have overtaken the Japanese as the biggest spenders in the Australian state of Queensland, having upped their buying pattern three-fold during the global financial crisis says a new report from the agency group CBRE.
The threat of changes to the Australian visa application process has led to a surge in applications by Britons to move Down Under, according to a migration agency
Australia's love affair with property is about to be tested amid predictions prices will plummet by as much as 60 per cent, with capital cities hardest hit.
Confidence levels across the Australian real estate sector remain in positive territory, a new survey has revealed, although some areas are faring better than others.
Sam Saggers, CEO of Positive Real Estate, discusses the Australian property market 2012 forecast.
Australia's Housing Industry Association revealed new figures this week showing that the number of house-building approvals rebounded in November after recording their lowest level in 29 months in October 2011.
The first interest rate cut in two and a half years has had an immediate impact with sales of new homes jumping 6.8%.
Tasmania is Australia's smallest state and the most decentralised and geographically diverse.
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