The 7 biggest influencers of our property markets
Property Investment, Success & Money | The Michael Yardney Podcast
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The Factors That Affect Property Values
Access to credit, the availability of credit makes a big difference. Rising rates tend to prompt lenders to tighten their lending standards. The next one I'd like to just mention is the availability and cost of land. Another factor that affects property markets is consumer confidence. When everyone feels comfortable, there's just people go out and spend more. But at the moment, it's the opposite. Reserve Bank's doing that on purpose. It wants to slow down economic growth and inflation. So consumer confidence is that whole story about fear and greed. Isn't it the drive our markets? You're a so-and-go, it was a fear of missing out that drove markets. And in you when
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