Prices

2809, 2016

The 3 Reasons Why Sydney Property Prices Won’t Crash

Hi, Niro Thambipillay here and in this video, I want to talk about the 3 reasons why the Sydney Property market won’t crash. If you’ve been reading the newspapers, almost every second day, there is some sort of headline from some so called expert who says that Sydney property prices are going to crash. But the fact of the matter is that Sydney prices have never crashed and they are not going to crash right now. But before we talk about the 3 reasons why the Sydney property market won’t crash, let’s look at history and let’s look at what’s ...

1807, 2016

3 Factors That Cause Property Prices to Drop

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 borrow as if interest rates rose to 7% ...

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