Australia vs USA: Rates To Catch Up! Property Market Predictions
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- Опубліковано 22 тра 2024
- BIG CHANGE, interest rates could rise again?
In fact, Australian interest rates are to become higher than the USA!
In this episode we discuss:
👉 Australia's economic trajectory vs USA
👉 Why Australians are STRUGGLING more than overseas peers
👉 How the housing shortage is getting EVEN WORSE
👉 How RATE RISES will impact national house prices - city by city
The conclusions may throw you off - backed by DATA!
#interestrates #inflation #housingaffordability
Chapters:
00:00:00 - Australian Interest Rates: Higher than Peers
00:01:12 - The Impact of Interest Rate Rises in Australia
00:02:37 - Household Disposable Income Trends in Australia and Overseas
00:04:07 - Economic Outlook for Australia
00:05:40 - Impact of Rising Interest Rates on the Housing Market
00:07:07 - The Impact of Interest Rates on Housing Supply
00:08:19 - Forecast of House Price Increase in Australia
00:09:54 - Regional Real Estate Market Trend
00:11:20 - Affordable Property Market Opportunities
00:12:43 - Leveling Up Your Knowledge through Google and iTunes
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#PropertyInvestment #PassiveIncome #Australia #RealEstate
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US and Canada both have 30 years fixed rates
Hehe Not in canada i have lived in both countries. I think you dont know this since 1991 to 2024 4recessions in usa & canada meanwhile in Aus 0 🇦🇺💪
lucky country on the earth Living in north america is horrible no quality of life poor wages if no degree
The RBA don't give a shit about the housing crisis.
They already said that people will have to share accommodation.
Love your Work mate 🙏
Your blame is misdirected. It's Albanese Labor excessive immigration and fiscal policy stupidity that forces RBA hand to raise further. Michelle Bullock said it herself. Home-grown inflation
PK again a very informative episode that's inspiring...thank you.
Well, there’s still money in the market… a lot of prop sales. Rates either stay here or personally think we need hikes.
Great video mate 🎉
was hoping you would do a discussion on regional areas to look at
love your channel your amazing
Thanks PK I think we be stuck with current rates for a year also
With a relative higher interest rate, shouldn't that translate to a stronger $AUD?
Yes, it will push the AUD higher but there are other factors at play so it may not happen.
Not for the incremental dollar but base.
PK i look at Melbourne with keen eyes
That was a very good and clear video to watch. It's to believe you're sharing this for free. Keep your head high bro!
Thanks!
Are you able to define what you mean by passive income?
Is this nett (ie after repayments/rates/fees/insurance etc).
The term passive gets tossed around YT like a Greek salad, but I can’t seem to grasp how you can have 150k passive income to live on if this is not nett
Haha yes passive income should be measured net. Ultimately it’s hockey sticks up when debt free - I move done a few vids on it 👍🏼
PK, If you bought property right before a recession are you screwed? Or can they still go up in value depending on how you chose the property?
There’s always markets within markets..
If there’s a better channel on UA-cam I’m yet to find it
Thank you 🙏🏼
How about the australian government
Have 30 year fixed loans
Only for first home buyers
And or
That are owner ocupier
Ouf dollar is pegged to the usd like other countries, if the fed raises or drops rates Australia follow ,we borrow us bonds
If they dtop int rates watch hyperinflation really kick in
PK, also worth mentioning is US mortgages are tax deductible. This together with their significantly lower income tax brackets makes comparison impossible. As long as Labor government is in place, we will continue to see our wealth and prosperity opportunities erode.
Very good point!
Cash is king right now and with big banks like Westpac giving 5% upto 5m with no lock ins, its a no brainer where to park your investment. Already starting to see properties selling lower than they were going for at the beginning of the year in the western and south western sydney areas
Cash goes backwards in inflationary environments and currency debasement..
You need to make 7-8 % to tread water ..
There’s more to Australian than Sydney
Hey. This sounds interesting to me but I'm an American in America. Does the stuff your teaching here work in the US?
Hey sorry my course doesn’t really work there..
Pretty much, Australias central planners have one ultimate perogative....dont let house prices crash. Any coming recession, which is highly likely, will more than likely finally expose Australia as the banana republic it is. We have gotten away with this due to being the lucky country with a small population, reasonable rent to wage ratio, and the black stuff in the ground we sell. But all of this reversing, with policies rescuing housing, will look very, very ugly. We arent used to that kind of situation here. Funnily enough, its fairly standard in almost every other country. No good way out!
Someone have comment here us & canada have fix 30years mortgage no Not in canada i have lived in both countries. I think you dont know this since 1991 to 2024 4 recessions in usa & canada meanwhile in Aus 0 🇦🇺💪 lucky country on the earth
Living in north america is horrible no quality of life poor wages if no degree
What does it cost the yanks to break that 30 yr loan?
The US loans are non-recourse as well.
Americans don't pay refinancing costs. But the rise in interest rates there has caused a shortage of houses for sale. Property owners there don't want to sell as they will have to switch from a mortgage rate of say 3% (from Covid) to say 6 or 7% when they get a mortgage to buy their next home.