House Prices Out of Control: RBA

The Reserved Bank of Australia is sending a message to investors: property prices could increase drastically and this could result in house prices to be unaffordable.

Interest rates and credit growth has been at record lows for the past months, and with an increase in borrowers this can tip off the scale towards an unstable property sector. The RBA is encouraging lenders to maintain their quality of service and for buyers to purchase property strategically to ensure that the current market avoids a downward spiral.

Read more about this on the Real Estate Business website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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