If there is a change of Government, it is possible investors will become virtually non-existent until a clear policy framework and timeline for changes to negative gearing and capital gains tax is confirmed.
Peter Kennett recently celebrated his 30th year in real estate. He discusses the changes he's seen in that time, in particular in Melbourne's bayside region, where he has worked his entire career.
Housing affordability may be turning, says Moody's
Though housing affordability deteriorated in the year to March, it improved in the last quarter and could improve further following the recent rate cut.