Western Australia was one of only two states in the nation to not experience a decline in home ownership between 2002 and 2014, according to the latest HILDA report.
The current WA real estate market is behaving quite differently to markets on the East Coast, so for us it was critical to look at the impact tinkering with negative gearing would have locally.
Property investors are the most influenced by negative global sentiment and the lower level of property investment ownership in WA will leave the State less exposed to any negative impact following the UK’s decision to leave the European Union last week.