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Why The Australian Property Market Is A Joke, page-46

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mattshares

394 Posts.

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06/05/22

22:26

Post #: 61260610
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Originally posted by NickoZ: ↑

Expect a drop in property prices of between 10% to 20%. More in Coastal Boom Towns now that Covid becomes less relevant and lockdowns become a thing of the past.

The 2nd rate rise in June will solidify the market direction.

Cheaper properties will be in greater demand as banks tighten lending and increase due diligence.

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seen it all before more than once. best time to buy was yesterday and increase of interest rates (if you can call it that) only pushes rents up and lessens the angle at growth in the long term.
10-20%....classic
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