Solving the housing crisis, the Sydney suburbs where no-one leaves & why sentiment counts in property
Australian Property Podcast
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The Pent Up Demand in the Property Market
Ben Kingsley from M power wealth says property market is like a rubber band being stretched back. The sentiment changes much more quickly than the number of properties for sale, particularly this time of year when people don't list. And that's when the property market always got to remember, it's about the marginal buyer. If everyone tried to sell their properties right now at the same time, absolutely, they wouldn't hold their value. There wouldn't be enough buyers willing to pay. But if a small number of properties are selling and there's a smallnumber of buyers willing to buy at current prices, then that holds prices. That can potentially push up prices if you've got competition.
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