Why property still rules the investment game
As the RBA holds rates and inflation stirs, Australia’s century-long property trend refuses to budge.
Bricks and mortar remain an undeniably attractive investment proposition. (Image source: Irene Miller/Shutterstock.com)
With indications that inflation is beginning to fight back, the Reserve Bank unsurprisingly left interest rates on hold this month. The sentiment suggests we may now be at the bottom of the rate cycle.
Based on the latest inflation data, the RBA’s December meeting is unlikely to yield the rate cut
many mortgage holders have been hoping for.One of the major reasons for the mild uptick in inflation
is the cost of housing. Rents continue to rise …
