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Australia’s Debt Fueled Property Boom | Real Estate Update

Australia’s property boom is fueled by debt.

#Property #RealEstate #HeiseSays

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Australia’s property boom is fueled by debt. Is our real estate market invincible thanks to government support, or a generation that has had to save huge deposits? Will the sector survive the removal of government support?

References

The Australian property market is booming but the gains are based on ‘massive’ debts

https://www.theguardian.com/australia-news/2021/feb/16/the-australian-property-market-is-booming-but-the-gains-are-based-on-massive-debts