It seems wherever you turn right now property investors are being singled out as the cause of pretty much everything to do with real estate. From escalating dwelling prices causing the latest affordability crises to above average clearance rates and everything in between, whether you’re a local property punter or an international player, chances are you have been part of the catalyst for the latest ‘record high’.
READ POSTLast fortnight in our commentary regarding the Reserve Bank’s decision to maintain the current cash rate at 2.50%, we discussed the unprecedented move from three of the four major banks, promoting fixed rate products under 5%.
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If you’ve been enticed back into the market by this current low interest rate environment, you would most likely have noticed by now that you’re not alone. Opportunities to obtain ‘cheaper’ debt have made the notion of accessing existing equity to grow your investment portfolio very alluring.
READ POSTAfter today’s RBA announcement you might well be wondering what this latest decision, as well as current economic fundamentals – particularly all the talk surrounding the controversial federal budget – means for the future of our property markets and investors who have their fortunes tied up within them.
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