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Updated over 2 years ago, 08/11/2022
Investing in Australia
why not try lending in Australian real estate market. properties have doubled in the last 7 years. In just over one year the properties appreciated by 20% . People were saying that the bubble will burst soon, I have been hearing since 2015, but never happens. Most of the suburbs median price is fast approaching 1 million mark. Still the demand is so much that the land releases are sold out at the blink of an eye .
@Shawn Kalakota, everyone's wise in hindsight, right? BUT, is anyone ALWAYS wise in foresight?
If anyone KNOWS where the Australian market will be in seven years, can you please tell us?
Interest Rates? Loan delinquency rate? Currently undiscovered, future hot spots?
It's arguable that people who are CURRENTLY borrowing at "bubble" value in Australia, may "come a cropper" soon.
It's also arguable that: they won't. Buyers and Lenders alike, good luck with that!...
Hey @Shawn Kalakota, what city in Australia are you investing in?
Kind regards,
Marcos
