Distress listings have a ‘negative impact’ on property prices
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- เผยแพร่เมื่อ 22 ส.ค. 2024
- Chief of Research and Economics at Domain Nicola Powell says elevated levels of distress listings can have a “negative impact” on property prices.
Ms Powell told Sky News Australia that overall distress listings remain “very contained” on capital city levels.
Increased mortgage prices are prompting landlords to quit property investment.
Life isn't easy under Albonesey. 😟
I warned others but they refused to listen.
It ain't easy under anyone.
It's the plan that banana is following orders.
The little investor trying to better himself is selling up the big one's are buying up and laughing all part of the plan.
How many time's has the government taxed you on buying selling etc off you on that property.
The west is falling so fast.
I feel for Australia, your rents seem to be the most expensive.
I saw someone from Australia with a 400.00 a week rent for a shack! A week!
Then the next person was paying 1.2k a week for a normal looking place.
I hope you all get some relief soon. That is unnaceptable.
TV hosts and those they interview regarding property need to stop using such positive terms to describe the state of the housing market. "Fully recovered" - the fact that house prices are still continuing to rise further and further is not something I would describe as 'recovered'. The market is in such a shambles of a state, ridiculously over-inflated. People having to list their houses in distress is a positive thing in this situation and we need more of it if we're ever really going to see a 'recovery' of the market. Serves them right for participating in pushing the prices up by over-leveraging themselves. It's so far out of whack it's not funny. They always talk 'positively' because it's a vendor's market, and those in real-estate are making more dosh in a vendor's market than a buyer's market.
'Distress listings have a negative impact on property prices'. Well, duh Fred.
Investment properties are good if they are positive geared, the fake real estate moguls are being undone
Wow. They way she talks, its as if they will do anything to protect the high prices
About bloody time!
What about all the derelict homes that are just sitting and rotting….according to the ABS the latest is estimated to be 140,000…the various public housing commission could put offers in..do them up instead of waiting for local governments to free up land for new builds.
Enter wealthy chinese
The market is slowing because interest rates are going to rise again. The WHOLE world is falling apart, and none of that is taken into account, wait until America, China, Japan, NZ and Canada's housing collapses. It is happening now, the everything bubble is well on it's way to burst. But Australian housing will keep going up and up and up, no matter how much our mortgage rates go up....BWHAHAHAH
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