On this episode of the Property Nerds, hosts Arjun and Leigh Paliwal sit down to discuss three major topics in the real estate industry.
To begin with, they touch on the Reserve Bank of Australia’s latest cash rate increase, what the decision spells for future plans, and how it has impacted borrowers.
They then analyse the Australian Bureau of Statistics’ latest lending indicators and why the figures “make sense” when sentiment, borrowing capacity and other market factors are considered. They then reveal their must-buy locations around the country and relay what buyers should look for in prospective purchasing areas.
In this episode, you will also hear:
How your borrowing capacity can end up working against you
Detriments of data weighting
Understanding the best, middle, and worst-case scenarios