Ok, so I don’t normally invoke religion when talking about Property Investing. However, give me 4 minutes to explain something fundamental to your financial future! There is an old adage in economics that says, the greater the volatility and risk, the greater the reward. Well, I think that can be thrown out the window. The share market in 2016 has been more volatile and unstable than a crack head looking for his next fix (I love that expression 🙂 ) In fact, the share market has been bouncing around all over the......
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There’s a lot of talk in the media about prices dropping and the Australian Property market being in a bubble. Well, rather than worry about media hype and headlines, let’s have a look at the 3 factors that cause property prices to drop: Rising interest rates – causing affordability issues. This was a major factor behind the subprime crisis. Thankfully, Australian lending standards are far stricter. Even if you go for a loan from a bank at an interest rate of 4.5% for instance, the lender will often judge your ability to......
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