Assignment -
Topic - Recent years have seen rapid development in Australia's housing market. The effect of high housing prices on Australian families is enormous. Despite those challenges, you would like to buy 3-bedroom house for you and your family. You are considering houses either in Newcastle, Sydney, or Hobart. In this assignment, you are required to prepare a report to discuss the process undertaken when making probably the most significant financial decision most individuals do in their life. Address and discuss the following issues surrounding this financial decision:
Question - Describe how the market for real estate has developed in the three cities over the past 30 years. Use a plot to illustrate your findings. How did housing perform in comparison with other investment types, such as stocks or bonds? In a second chart, compare returns of real estate versus Australian stocks and bonds. Research a useful metric for comparison. Discuss: If you find different performances - try to explain what may explain those differences. Do they make sense?
Need to do only this. 750 words.
You can use the website of the Australian Bureau of Statistics as a source for some of the data for your assignment. This is especially helpful to find data on income levels or housing prices.
Stock data can be found on the Australian Stock Exchange (ASX) website.
Attachment:- Assignment File.rar