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Aussie property to crash in 2023? What the rental crisis actually means, and is debt recycling bad? Ft. Chris Bates, founder of Blusk

Australian Investors Podcast

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The Best Buying Is Passed

There was still a bit of stock on the market, but no one was game to buy. By sort of October, November, we could see supply was drying up. We've got clients who literally had an agreed price, the borrowing capacities change the next day they dropped their price by 100 grand and still get the offer approved. And so this real tightening of supply. Listings are down say 30, 40%. Even more in properties worth more than a million dollars. That's the market that really tightened up. I reckon the best buying is passed. This is way before the core logic numbers started to show positive growth in quarter one. But ultimately, the media story is starting to shift from

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