Almost any Australian on minimum wage can afford property if it’s far enough away from major cities.
Aussie house prices haven’t fallen. But that hasn’t stopped people (including your editor) from predicting a catastrophic fall.
How many times have you heard that property prices are near the top? Many commentators and forecasters have tried to predict the top.
An influential global ratings agency says the Aussie housing market could be in trouble…big trouble… It’s hard to think of a more controversial topic than Aussie house prices.
For the first time, the emergence of fractional property investing platforms like DomaCom are allowing property investment for all.
If you buy at the top of the Real Estate Cycle, you’ll almost certainly lose money, new train line or no. I trust you know where we are in the Cycle, right?
So it’s no surprise to see growing debt levels translate into rising house prices. But wait, there’s another ‘end of the boom’ forecast out there.
In the long term, the key to the movement of markets involves understanding one thing: land values. It’s all about land values.
More than two million borrowers will find it easier than ever before to buy property. Don’t underestimate the impact this will have on property prices.
These new rules could also restrict foreign buyers who do not hold a clearance from the Foreign Investment Review Board. Yet I doubt this will act as any real deterrent against foreign direct investment into Aussie property.