|
Positive Real Estate reports: Australia’s housing affordability crisis is expected to dramatically worsen during the next five years, with property prices forecast to rise by as much as 40 per cent. Economic forecaster BIS Shrapnel says housing affordability, already at record lows, will decline even further in the years ahead as demand continues to outstrip supply. BIS Shrapnel director [...] With interest rates rising slowly & possibly looking to rise even further, it’s potentially an exciting time for an investor. As rates rise, people become nervous about their ability to repay their loans & start to reconsider whether they can afford to stay in the beautiful home that they saved & slaved so much to get [...] This week, I came across a “deal I couldn’t refuse”. A large 4 bedroom house in a suburb of Townsville, with just $100 down & the remainder on settlement sometime around October. I sent a return e-mail within minutes, received the notice of intention document back, filled it in & shoved it onto the fax, & [...] |
|
|
Copyright © 2010 AussieRodney - All Rights Reserved |
|