Federal Reserve Meeting soon, Property Party is over consecutive interest rate rises this year to come. Reserve Bank of Australia left behind as usual.
What where seeing:
- Less Auctions,
- more sale prices actually stated in Ads,
- more properties coming onto market,
- more builders going broke,
- increased building costs due to supply chain shortages,
- Big four interest rate increase began in November,
- No more lockdowns no more gov Covid support.
- high inflation leads to increased living costs
2022 is going to be rocky.
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