With so much attention on the increasing house price and the heated debate on affordability, we thought we might face it head on. In this video, Ben addresses this question and explains what is causing the increase in property value.
There’s a lot of hype around the Australian Property Market and whether or not we are in a price bubble. Now the reality is, when we see low interest rates, what it means is it increases our ability to afford property. We got to understand the psychology behind buying property in Australia, just as in buying properties in most countries where we see it as the Great Australian Dream or the Great American Dream.
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To read the rest of the transcript: http://property-investment.empowerwealth.com.au/2015/03/15/is-property-in-australia-affordable/
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