In a highly competitive market where finance is relatively affordable, it’s easy for property investors to become complacent and just ‘go with the flow’.
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Watching Abbott and Hockey’s insightful commentary on the state of Sydney’s much maligned ‘housing market’ (really? there’s only one market across the entire city and its inner suburbs?), reminds one of the classic Abbott and Costello, “Who’s on first base?” routine.
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Residential real estate across inner city Sydney is copping a fair shellacking from industry critics right now.
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In precisely one week, property investors and home owners will again receive news as to whether their fiscal fortunes are on the up with an interest rate drop, holding steady with no change, or not quite so favourable with a rate hike.
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