Where are our economy and our housing markets headed? With Dr Andrew Wilson
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast · Michael Yardney 894074
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Show Notes
We know that housing affordability is a real issue, with many Aussies now finding it harder to buy their dream home as 8 consecutive interest rate rises have cut many buyers borrowing capacity by up to 20%.
But what about rental affordability?
With more and more people renting for longer at a time when the number of advertised dwellings for rent has plummeted, vacancy rates are record lows, and rents have shot up at the fastest rate in decades, what does this do to rental affordability and how will this affect rental increases moving forward?
I also get his views on the strength of Australia's economy, the latest monthly inflation figures and what's ahead for interest rates, and where our housing markets are headed.
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