Why Australia’s Housing Market Won’t Crash… Whenever Interest Rates Rise (Consider these facts)
Right now, it seems that almost everyone’s favourite game is predicting when interest rates will rise.
The RBA Governor keeps saying 2024 but lots of media pundits are grabbing headlines saying he’s wrong and that he’ll have to raise rates well beforehand.
Personally, I’d put more importance on what the Reserve Bank is saying… but that’s not the point.
What’s more important to me is what will happen to the property market when interest rates do rise at some point.
To work that out, I went back through the last 30 years of data to see how often interest rates were increased, how much they were increased by and what the impact on the market was.
Then I also looked at the current lending and property market conditions to see what has changed. And I put everything that I discovered into my latest video.
So if you’re someone who’s worried that interest rates may rise and what might happen to the property market, then you need to check this out.
Here’s a quick snapshot of what you’ll discover…
**** The new decision making criteria for the RBA and how it affects when they will raise interest rates (Hint: Inflation is no long as important any more)
**** What will happen when interest rates rise. The last 30 years of data reveal some startling facts
**** The banks secret weapon to ensure the property does not crash when interest rates rise. Their built in fail-safe that virtually guarantees most mortgage holders won’t dump their properties for pennies on the dollar.
Look, you never want to make investing decisions based on media headlines. All that will do is cause fear and confusion… and it’s the best way to miss out.
Instead, you want to make your investing decisions based on data. That’s what I aim to offer in my latest video.
Want help finding the right property for you? Visit 👉 https://www.nirocall.com/30-min-phone-consult
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.
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