NAB is predicting18.5% House Price Growth.
Another Sydney Tower has come to light with construction defects and while it appears the issues are under control and a significant one was caused by the occupants, it’s good to see building defects receive media attention.
Locals are being priced out of the Housing Market because they can’t keep up with surging property prices.
Workers are quitting jobs en mass.
New research from Westpac indicates that an increasing number of people are planning to sell their homes to reap profits and with an eye to downsize.
Rental rates are set to rise as the housing supply on the rental market continues to crash.
#Finance #Economy #HeiseSays Westpac Hikes Interest Rates as the cheap money from the reserve bank comes to an end. References Westpac hikes two- and three-year rates https://au.finance.yahoo.com/news/westpac-hikes-interest-rates-230924695.html
Labor politicians are complaining that the 2% government-guaranteed home loans are not good enough.
Experts are predicting that the housing market will plateau and not crash or plummet.
55% of Tasmanian’s with a mortgage are in crisis according to a recent choice survey.