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Property prices have plummeted since the RBA began lifting interest rates in May. Have we finally been dealt the nail in the coffin for the property market?
Hardly.
Australian property is as resilient and sturdy as ever, with safeguards in place to protect people's equity and wealth for generations to come. Find out how negative gearing, quantitative easing, migration, and government policy help soften the fall and keep property stable in a downturn.
We aren't in a freefall. The property market is about to deploy its parachute and ease safely to the ground.
By Ulrika LoboProperty prices have plummeted since the RBA began lifting interest rates in May. Have we finally been dealt the nail in the coffin for the property market?
Hardly.
Australian property is as resilient and sturdy as ever, with safeguards in place to protect people's equity and wealth for generations to come. Find out how negative gearing, quantitative easing, migration, and government policy help soften the fall and keep property stable in a downturn.
We aren't in a freefall. The property market is about to deploy its parachute and ease safely to the ground.