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The Money Puzzle

Is Property Set to Drop? The Bear Case

06 Feb 2024

Description

It's time to listen to the other side: Some economists believe house prices are heading south in 2024 as interest rate hikes finally hit home and unemployment rises at the same time.In this show we cover: What's behind a forecast drop of 5 per cent in the market? The tremors signaled by new statistics on 'distressed sales' * Is the tradie shortage still a thing?  Why your house is taking longer to build Economist Stephen Koukoulas of Market Economics joins Wealth Editor James Kirby in this episode See omnystudio.com/listener for privacy information.

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