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10/01/24
17:15
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Originally posted by MasterStrategist:
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And the property demand/supply gulf grows ever larger due to damaging wet weather events putting further strain/demands on the building sector. Later in our summer/autumn, after the rain lush bush and grasses dry off, there may be additional stresses added by forest/grass fires. That said, even without the above additional stresses, the supply deficit for both renters and buyers is not looking any better for 2024, cementing sustained high prices for RE - combined with further rises.
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disallowed/politics/federal/inflation-falls-to-lowest-rate-since-january-2022-20240110-p5ew7b.html Inflation falls to lowest rate since January 2022 And falling fast, Interest rates may be coming down sooner than later, as usual the RBA overdid it. All the reasons mentioned in your post plus lower interest rates, more money after tax due to Stage 3 tax cuts, there's only one way this will go.