With the housing market highly correlated to economic growth, it’s fair to expect that the values of quality, well-located Sydney property will continue to produce decent long-term returns.
Low rates have allowed many Australians to enter the property market, however borrowers should remember that interest rates will inevitably rise and they should not overreach themselves.
“My personal view was it was vote getting, and they were out there to try and get those because of this undertone that we’re selling our country off to the Asian marketplace which is absolutely incorrect."