Economic, property market uncertainty messing with people’s minds
Bargain hunters and fence-sitters, savers and surrenderers; the uncertainties around the economy generally, and real estate market more specifically, are playing mind games with Aussies grappling with higher expenses or timing their next property move.
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It seems like no time at all since the property market was a predictable juggernaut delivering endless riches to homeowners and insurmountable obstacles to first-home buyers.
The Reserve Bank of Australia had made it clear interest rates weren’t rising for a couple more years and China was buying everything we could make and paying record prices for our resources.
That era of apparent certainty was, counterintuitively, playing out during a glob…
