Property Bloodbath…Journalists do love a headline…

February 3, 2021

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 2014

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