As prices keep going up even in the face of bad news, most commentators and people who are not “in the market” decry the increases and become more vociferous. Their negative stance is being proven to be wrong by the market but in their mind they are right.
It’s like watching a bad soap opera (are there any good ones?) or episode of Jerry Springer: One group of fairly thick people holds one point of view. Another group holds the polar opposite.
How Rockhampton’s revamp is bringing locals to the river
While property in ‘Rocky’ might not achieve the capital growth of larger cities, it’s supported by a balanced economy with large rural, health and education sectors, and this produces a constant stream of tenants.
Foreign buyer policies taking a toll, but not in Brisbane
Policies to deter foreign property investors have seen the level of foreigners in the market fall to 2.5 year lows, NAB's Residential Property Survey shows.
Areas such as Zetland and Waterloo in Sydney, and the South East Queensland region are showing no signs of slowing down, says iBuyNew CEO, Mark Mendel.
