Last year when Covid hit there were predictions of gloom and doom for property – and they were well founded to an extent… BUT… Two things altered the course of events.
- The Government intervened with Jobkeeper to cushion the blow of Covid Lockdowns.
- The Reserve Bank intervened by dramatically cutting Interest Rates and stating that they will stay low until at least 2023.
I have heard so many predictions of property falling into the abyss over the years.
Just to name a few:
House price collapse: 25 Jan 2014Read more