smart money? that implies you’re smart enough to know what smart money is and we know you ain’t.
it’s mostly about affordability as people are struggling to put food on the table and pay bills. circumstances have caught up with many plus the trading up has ceased.
returns on property are terrible plus landlords have little control over their own asset.
NE Vic and Sthn Riverina this time of the year in 2020 and 2021, properties had sold before they actually were advertised, it was crazy. Plenty of properties coming into the market right now but very little in sales.
Smart money? I don’t think so… just ordinary people responding to an affordability crisis plus getting in too deep financially.
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