The Downside to the Queensland Land Tax Reform

Queensland was going nuts price-wise and the market was on an extremely strong run, strongest run in over a decade since about the late 2000s. But what really pulled it into line and slowed it right down was you had to interest rates skyrocketing as we ve just discussed. COVID easing and that net interstate migration really tailoring off as well because COVID was easing. By number six, stock levels, Australia-wide, year on year, we are down between 20 to 25 percent. Stock to drop that much in one year is massive. What s even more massive is most of our areas. Tracking this, we are actually down some route to about 50 to 70 percent year

Transcript

Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app