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What makes property increase? (9 drivers of house prices)
What actually makes property prices go up? Is it as simple as Interest rates?
In this episode, we explore 9 factors driving house prices in Australia.
Inflation, demand and supply, availability of credit are some crucial factors affecting the property market, as well as rental legislation.
Other resources:
Rising interest rates will over time reduce demand & send house prices lower: RBA (marketindex.com.au)
A perfect storm: Australia’s rental crisis – part one - Property Investment Professionals of Australia - PIPA
Buying my first property at 23 years old
Music Credit: Bass Nation.
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