Here’s a snippet of his article, featured in the October issue of Your Mortgage magazine…
Right now, I believe that the Australian property market is caught between domestic and international trends. Locally there are two distinct groups of investors:
• long–term investors who believe regardless of interest rates rises and international economic conditions that the property market still holds value;
• and sceptics who believe property is historically expensive and represents poor value.
Against this backdrop the international economy is also exerting separate influences. When taken together, it appears we are again moving into uncharted property pricing and economic waters. It is important to recognise how the global economy will impact on the future pricing of Australian property and how important it is to separate out domestic pressures from global property price drivers.
To read the rest of the article, check out the latest issue of Your Mortgage on sale now!
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now