ACN Business

Winning a bidding war isn’t always a win, research on 14 million home sales shows

Written by Soon Hyeok Choi, Assistant Professor of Real Estate Finance, Rochester Institute of Technology

In today’s hot housing market, winning a bidding war can feel like a triumph. But my research shows it often comes with a catch: Homebuyers who win bidding wars tend to experience a “winner’s curse,” systematically overpaying for their new homes.

I’m a real estate economist, and my colleagues and I analyzed nearly 14...

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Winning a bidding war isn’t always a win, research on 14 million home sales shows

Halving the fuel excise is smart politics, but flawed policy

Why does chocolate cost so much this Easter, when cocoa’s price is at a 3-year low?

‘Drive-off’ fuel thefts cost $80 million even before the war – and they’re heading up

War could add an extra 5% to prices in Australia – but there’s one sector that shields the economy

Compulsory super is higher than ever at 12%. But cutting it would hurt low-paid workers most

A crucial meeting aims to remake the WTO to fit the new global order

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Yellow Canary partners with Celery to bring pre-payroll assurance technology to Australia

Social enterprise tackles workplace wellbeing while funding Australian artists

Lay Bys are a better option than BNPL

How to Apply for More Jobs in Less Time Using AI Automation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

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