To buy or not to buy? That’s the question, with Pete Wargent | Big Picture Podcast
Property Investment, Success & Money | The Michael Yardney Podcast
00:00
Australia
There's a phenomenal amount of intergenerational wealth in Sydney and Melbourne that's just passed down. You generally find that the downturns they last for 12 or 18 months, and then people are back into the market. The recovery is going to come from that part of the market. I can see as property values eventually bottom and people get backinto the market, I can't see a reason for very strong capital growth for the next couple of years.
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