Nearly all economists seem to agree that interest rates will be put on hold for at least a couple of months following lower than expected inflation figures for the December quarter last year:
The latest data has shown that the housing market across the country has risen ever so slightly over the December quarter:
There has been quite a bit of conjecture among economists recently over whether or not Australia is in a housing bubble. The argument has been fuelled by the latest Demographia International Housing Affordability Survey,which indicates that out of the 82 major metropolitan cities measured, all with populations over one million, Sydney, Melbourne, Adelaide and Perth all measured among the top 15 least affordable.
It will be interesting to see how this will effect the Victorian market. Should give quite a boost to the lower/middle end of the market I would think:
Here is an interesting article with two buyers agents regarding their opinion’s on Market trends and hotspot’s to buy:
The Australian resdiential property market continues to boom with Melbourne dominating house price performances.
We reqularly get questions about the pro’s and cons of borrowing for investment properties through different structures, so I thought I’d summarise the various ways you can structure your purchases and borrowings:
The $ sign was designed in 1788 by Oliver Pollock, a New Orleans businessman, using a combination of Spanish money symbols.
A common piece of advice that is given to property investors by mortgage brokers, at least knowledgeable brokers, is to keep securities for each loan seperate, ie) avoid cross-collaterisation at all costs.
