Yes Australia’s house prices may fall - but the decades of unchecked property price growth were the true policy failure

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Yes Australia’s house prices may fall - but the decades of unchecked property price growth were the true policy failure

Instead of relying on tax-enhanced speculation, investors must now look at established properties based on actual profitability – leaving space for first home buyers Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast For decades, Australia’s property market has been defined by relentless price rises, reinforcing the old adage that real estate investment is “as safe as houses”. There’s now a wrinkle in that wisdo

Instead of relying on tax-enhanced speculation, investors must now look at established properties based on actual profitability – leaving space for first home buyers Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast For decades, Australia’s property market has been defined by relentless price rises, reinforcing the old adage that real estate investment is “as safe as houses”. There’s now a wrinkle in that wisdom. Continue reading...

#space#market#investment#app#policy

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