Property Investment in Australia
What is the outlook for property investment in Australia going foward? Without having an wx to grind or a commssion to protect I'd have to say - mixed. I woudln't be getting in too deep to property investment there if I was concerned about my job, nor would I be borrowing at current rates without being confident I could still afford the mortgage if the rates doubled in the next two years. Extreme - no that's what happened to people who took out floating rate mortgages at the low point of the last interest rate cycle....
Posted by lissowerbutts
