EPISODE 7: INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: The cost of money – can you service your debt?

Steve Waters and Victor Kumar say there's one fundamental rule behind property investment affordability: if you can't afford it, don't buy it.

Sadly, rising house prices, subdued income growth and unmanageable household debt have led the Australian Prudential Regulation Authority (APRA) to cool Australia's hot property market by clamping down on interest-only loans and tightening investor lending.

In the latest episode of Investing Insights, the team from Right Property Group partner up with host Phil Tarrant to explain what this means for buyers, what it takes to be financially responsible, as well as their thoughts on the 'speculative investor' and why some people shouldn't be investing at all.

CONNECT WITH THE RIGHT PROPERTY GROUP

If you have any questions or would like more details on any of the information discussed on the podcast contact the Right Property Group on questions@rightpropertygroup.com.au, visit www.rightpropertygroup.com.au or call 1300 302 166.

We'll be covering all your questions in a coming episode of Investing Insights with the Right Property Group, so ensure you get in touch.

If you''re new to this podcast, check out series one on www.smartpropertyinvestment.com.au/podcasts/right-property-group.

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Keep connected with the team and all the latest news and activities. You can follow Right Property Group on Twitter or Facebook.