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Property fines made property valuation sydney simple and today’s video is on the topic which is wool property prices .
property valuation sydney continuously rise indefinitely and if so what would that look like and more.
- Importantly in our lifetime what will properties be worth in Melbourne Sydney Brisbane.
- The major capital cities in Australia in the next years because one of.
- The arguments that I keep hearing is well property prices just can’t double every seven to ten years well.
- I say yes they can because they’ve been doing so since the nineteen hundred and one and if you’ve come to any of my live events .
I actually go back to with the property market in Melbourne where nobody could have got a block of land in in places .
like Brunswick or Coburg for something like ten pounds you know and back there.
Was a lot of money by the way it was equivalents probably today but so property prices do double every seven to ten years not every property yes but for the major capital cities.
There’s definitely been a trend of doubling over the next either over the last seven to ten years so .
A lot of them say well properties can’t go in sin they’re from two million now from.
A million million price now to two million to four to six well yes they will and they can.
The most important thing is to understand it’s gonna happen with or without you it doesn’t need.
Your specific money for it to happen and I’m going to talk about why that’s gonna happen .
why there’s no Reed there’s no buckling in this trend and I’ll show you some cities around.
The world where this has already occurred so if you’re willing to look at what Melbourne will look like years from now .
kids come in Sydney Property Valuers they can whatever theycan borrow they’ll generally do which ispretty scary so Sydney Property Valuers .
well it is because ifinterest rates go up they don’t makethose allowances sir.how far do youthink interest rates would have to movebefore.
we see real problems wouldn’t bemuch i I’d say one percent wouldprobably hurt a lot of people yeahand consumer.
activists say banks andbrokers have also been signing people upfor mortgages they can never affordwithout their knowledge there’s a lot ofevidence .
that we’ve come across thatbanks are actually fudging the lightapplication forms of a borrower’s tomake them look a lot more creditworthythan.
what they really areeconomist lindsay david has presentedmore than , examples of altered loanforms to the parliament he says it showsthat banks are engaged in predatory.
we didn’t have to gotoo far to find someone