Australian Housing Market Update May 2022: This will make property prices fall here… BUT rise there
As I’m sure you know by now, interest rates have risen for the first time in over a decade. Many doomsday folk are now predicting (again) that property prices will crash.
They think that most homeowners won’t be able to afford their mortgages and will default on their mortgages.
I think they’re wrong.
Many Australians are ahead on their mortgage and have too much cash saved up for this to happen. Sure, there are some who are over-extended, but most Australians will be just fine.
The interest rate rise will affect the market in a different way.
It will cause a certain factor to fall or rise (depending on which markets around Australia you’re looking at).
And it is this one factor that will then lead to property prices either rising or falling.
Want to know what that one factor is? Check out my latest video.
As a property investor, once you understand what this one factor is, you’ll get excited.
You can start targeting areas where this one factor is in your favour…
Where the odds are that you’ll get capital growth.
Where you can get investment property for far less than what it costs in Sydney or Melbourne.
And where you can get the rent to pretty much cover the mortgage (so you’re not out of pocket each and every month)
That’s why you need to know what this factor it. And I cover it in my latest video.
You see, most would be investors won’t take the time to do their research. They won’t understand what this one factor is.
Instead, they’ll be (mis)led by doom and gloom headlines in the media.
They’ll think it’s better to sit back and wait for a better time.
And I can almost guarantee that most of them will look back with regret in a year or 2.
They will see how much prices rose in some areas (from 2022 onwards) and they’ll be kicking themselves, wishing someone had explained to them what this one factor is.
I don’t want you to be one of these people.
I don’t want you to look back with regret.
That’s why I’ve put together this video for you.
Check it out and leave me comment below
Looking for a blueprint on how to build passive income through property? Then get a copy of my book free (both the digital and audio versions) here 👉 https://www.nirobook.com.au
Financial disclaimer: I am not your financial advisor and the opinions I share in this video are purely my opinions. This is not to be considered personal advice as it is general in nature.
May 11, 2022
4 in 10 Sydney Suburbs Fall. Other Property Markets in Australia Show Record Growth. Is This Normal?
April 13, 2022