Everyone knows the Aussie Government has been happy to stimulate a Australian housing bubble, what happens when it's no longer in their interest?
Governments have only propped up the housing sector because it has been in their interest to do so. But what happens when it’s no longer in their interest?
Something tells me that before 2020 (possibly as soon as next year), this bubble we’re living in is about to meet a pin.
The question now is this: If interest rates go up, making mortgages pricier, will households be able to service the mounds of debt they’ve taken?
If history is any guide, the ‘High and Mighty’ property headline should be a warning to get your house in order. The curse looks set to strike in Australia.
Now we have a real estate President in charge who wants to drop property taxes and lift regulations off the financial sector. This cycle is really rumbling now. There’s a boom brewing.
Aussie house prices haven’t fallen. But that hasn’t stopped people (including your editor) from predicting a catastrophic fall.
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.
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.