The Relative Resilience of Property Values
"An informative article below highlights a few factors that have kept property prices relatively stable amidst a decline in overall market activity." - Matthew Lapish, Senior Investment Analyst
"An informative article below highlights a few factors that have kept property prices relatively stable amidst a decline in overall market activity." - Matthew Lapish, Senior Investment Analyst
"Though it's not so easy and clear-cut to make a shift, property investment has historically been a defensive asset investors should seriously consider for long-term gains." - Matthew Lapish, Senior Investment Analyst, Inception Wealth Group
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"Some factual lessons learnt from previous economic downturns." - Mark McEvoy, Senior Investment Analyst, Inception Wealth Group
It’s understandable that many Australians expect to see the market behave as it did during previous economic downturns such as the Global Financial Crisis in 2007, which was a financial and demand shock.
Cate Bakos, president of Real Estate Buyers Agents Association of Australia (REBAA), says investors need to realise that the moratorium doesn’t allow tenants to simply walk away from their obligations.
A major bank has announced it will make payments to offset the interest costs that will accrue for customers who have been granted a six-month deferral on their home loan repayments due to the COVID-19 pandemic.
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“When deciding what to believe or predict through this time, take a look at what’s happened over the history of our property market and how it generally reacts to economic crises” - Mark McEvoy, Senior Investment Analyst, Inception Wealth Group