I currently see the following factors which could negatively affect house prices and create better opportunities for buyers:
* Boom exhaustion as less and less buyers can afford the high prices and investors are unwilling to continue paying more and more
* Increased interest rates leading to increased mortgage rates (which has already commenced).
* Stock market fall or crash which may have already commenced.
Personally, I see these factors will help to normalise the Australian housing market in 2022 (i.e. more negotiation between sellers and buyers). However, there is potential for these factors to result in housing price falls depending on what happens (IMO).
What does everyone else think?
- Forums
- Property
- NOT^ FAIR # NOT RI?GHT- _ HOUSE PRICES
NOT^ FAIR # NOT RI?GHT- _ HOUSE PRICES, page-31
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)