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Matusik: solving the housing crisis, revamping migration rules and a 2024 market prediction

Looking ahead to 2024 and rents and property prices are both expected to rise, but a deeper look into foreign property ownership rules, a tax system overhaul and a uniform national building code could transform the real estate landscape.

Crowded Australian airport check-in area.
Should all property sales be restricted to Australian passport holders? (Image source: Shutterstock.com)

Well, it nearly Christmas again. Time does fly, especially as one gets older!

And at this time of year, it is somewhat common practice to provide a market wrap and a stab in the dark as to what is likely to happen next year.

So, let’s keep up that tradition.

Interest rates should ease

Bad decision by the RBA in November to raise rates if you ask me.

Inflation isn’t being driven by domestic consumption. It is rising due to geopolitical tensio…

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