Tim Lawless - Head of Research at CoreLogic Breaks down the Interest Rate Announcement
Scouting Australia Podcast
Australian Financial Struggles and Housing Market Analysis
The chapter delves into the Australian attitude towards financial struggles and foreclosure, highlighting a preference to sell or downsize rather than face foreclosure due to strong equity positions. It also discusses the recent transparency improvements in communications by the Reserve Bank of Australia, emphasizing concerns about inflation, productivity issues, and the impact of rising housing values on household spending. Additionally, the chapter analyzes stock levels in different markets, compares current listing numbers to past averages, and explores the challenges of predicting market cycles and turning points in the real estate market.
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