How Will the Australia House Price Boom End?
Australian house property prices are increasing rapidly and out of control, with most of it completely driven by FOMO. So in this video, we’ll look at the price movement of Australian real estate and go through all the factors pushing property prices up and all the factors pushing property prices down. I give my prediction of the future of house prices in the future and where it could potentially end up.
House prices were already unaffordable for most and was on the rise just before the pandemic. It started rising as soon as liberal government won the election again and came to power and was climbing right up until feb 2020 when suddenly covid put the brakes on everything, and pretty much the entire housing market dropped about 5% or so, but since then, in the second half of 2020, house prices has really started to pick up. The median house price has reached 1.1 million in Sydney, and Melbourne’s not far behind at $860,000. In March alone, house prices increased by 50000 for the month which is almost $1600 a day.
Where do you think house prices will end up? Let me know what you think in the comments below and start a conversation with me!
Free Range by Mona Wonderlick https://soundcloud.com/monawonderlick
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Disclaimer
The information on this video is for general information purposes only. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser.
I get a commission from Sharesight when using the link provided above to sign up to a subscription, but there is no obligation and all users can stick with the free option for as long as required.
Видео How Will the Australia House Price Boom End? канала The Healthy Investor
House prices were already unaffordable for most and was on the rise just before the pandemic. It started rising as soon as liberal government won the election again and came to power and was climbing right up until feb 2020 when suddenly covid put the brakes on everything, and pretty much the entire housing market dropped about 5% or so, but since then, in the second half of 2020, house prices has really started to pick up. The median house price has reached 1.1 million in Sydney, and Melbourne’s not far behind at $860,000. In March alone, house prices increased by 50000 for the month which is almost $1600 a day.
Where do you think house prices will end up? Let me know what you think in the comments below and start a conversation with me!
Free Range by Mona Wonderlick https://soundcloud.com/monawonderlick
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://bit.ly/-free-range
Music promoted by Audio Library https://youtu.be/XcqtbhIc1ZQ
Over You - Atch https://soundcloud.com/atch-music
Creative Commons — Attribution 3.0 Unported — CC BY 3.0
Free Download / Stream: http://bit.ly/_over-you
Music promoted by Audio Library https://youtu.be/rlBuOflkHSk
Disclaimer
The information on this video is for general information purposes only. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser.
I get a commission from Sharesight when using the link provided above to sign up to a subscription, but there is no obligation and all users can stick with the free option for as long as required.
Видео How Will the Australia House Price Boom End? канала The Healthy Investor
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