Sally Tindall
๐ค SpeakerAppearances Over Time
Podcast Appearances
At the end of the day, they're still a lot higher than they used to be.
There are still people jumping into the property market.
We are looking down the barrel of some very different times, I should say, and people should understand what risks come there as well.
So, like I said, the RBA is focused on, you know, the cash rate is currently at emergency setting levels.
It's never been this low and it's been this low for a year and a half now.
It is going to go up.
That is near certainty and it is likely to go up multiple times over the next decade.
six months to maybe a lot longer.
People need to factor that into their equations.
They need to understand that property prices could indeed cool on the back of these rate rises.
Certainly the RBA put out some data or modelling saying that, you know, property prices could drop 15% if the cash rate rose 2%.
You've got to...
factor in all of this into your equation.
But the long-term trend for property has been up historically.
And while past performance is never a guarantee of future performance, when you look at the long-term trend for the property market, there will be some bumps, but the long-term trend historically has been up.
I think we have.
We should quickly combine forces and come up with our own, shouldn't we?