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This podcast covers a recent interview on #GotMoney with Elizabeth Jackson from Joy radio.
In this expert interview he shares his opinions on the outcome of the Royal Commission into Banks on the property market especially the possible impact on Mortgage Brokers and details why Regional Australia could be considered by any savvy property investor.
Plus he shares some locations that have experience 20% growth in the last year!
Some newspaper articles encapsulate all the major problems causing misinformation: they take a negative stance even when the data is positive, the headline misrepresents the content, and the content generalises about "the Australian Property Market".
The Canberra market has strengthened and now has more growth markets than at any time since we began our quarterly surveys four years ago. The norm now in Canberra is suburbs where median prices have grown by more than 5% in the past 12 months, while only a handful have falling prices.
In terms of misinformation foisted on the Australian public, there can be few greater examples than the banking royal commission report, which attacks small business and helps the major banks become more profitable.
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