#realestate #housingmarket #heisesays
Higher interest rates could be good news for home buyers.
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Mmmm. A MSM article.
This is an "adverterial", intended to boost the banking and mortgage industries. They are in trouble, because the buyers that have withdrawn from the market will stay gone until interest rates are definitely on their way down – maybe 2 or three reductions in the cash rate
Stay Awesome!
Certainly higher interest rates are good for those buying houses with their spare cash and minimal loans
It should drop 30 percent
It only bothers people who thought they were rich cos they went up so much
As they say if you don't hold it in your hands the money that is you don't own it
Australian 🇦🇺
insolvency is a prick
Good thing im not buying
Anybody heard that banks maybe closing for 7 to 10 days from Sept 24th??? May not be true, but its being circulated around some social media groups….(Qld, Aus)
Do I remember correctly you previously said many times that people don't need to worry about mortgage repayments because they are so cheap, only problem is to save money for first deposit?
Higher rates are good for financially responsible people that look to save money to buy property (and things in general) they can actually afford rather than be a cashflow for a bank for 30 years paying off an overpriced asset and living in a fantasy world dependent on cheap credit. The cash rate again was 4% or higher for most of history prior to May 2012. There is a reason rates were kept low for a decade- It fosters financial dependence through a positive feedback loop of borrowing large sums money to grow a property asset bubble. It was a way of suckering people into abandoning financial independence with the illusion home ownership makes a 30 year mortgage borrower somehow different to a tenant. If you don't pay your mortgage, you will find out who the real "homeowner" is. There is a reason the media have constantly been on the offensive with rate rises. Look who funds them. There is a reason too banks have been quick to pass on rate rises to borrowers but slower with savers.
of course housing doesnt get cheaper…. your pushing goverment money wich is infinite into blocks of land wich is finite. aswell as factoring supply and demand econmics.
Buy land, they're not making it anymore – Mark Twain
Mate this might be worth looking into! Gas giant Origin Energy is abandoning plans to frack for gas in the Northern Territory’s Beetaloo Basin. They said they are starting the transition to green carbon friendly energy it’s now starting…
Houses aren't going up in value. It's currency debasement
Here's hoping that Lowe takes rates to the moon.
It's a shame he's been so negligent up until this point, but at least now he's finally doing the right thing.
6-8% OCR, normal interest rate levels, lets go!
No way! To buy the nightmare from someone else and put my neck down for a shed?
Heise I rely on you to get the updated cash rate. Don't stop the ball in relying on you
Nice Video 🙂🌴
🎯
aussies have been brainwashed, majorly brainwashed into houses…
its so farqn sad too see…
you are all dumb as farq…🤽♂️
PERIOD
Did you say wanker or banker ?.
Higher interest rates that will stay high will stabilise the market and bring it back to fundamentals.
So many Australians are stuck on the govermant TIT and need to stop expecting them to fix anything