James HarrisThe property market is falling. And if you’ve been watching the news and social media lately, you’d be forgiven for thinking the sky is falling too. Everywhere you look there seems to be another headline about falling property prices.
James HarrisIt's the question I've heard more than any other this week. Especially from people who own an investment property. They're worried. Should I sell now? Should I wait? Am I going to be the last person holding a property that's falling in value?
James HarrisFor years Australians were conditioned to believe property only goes one way. Buy it. Hold it. Watch it go up. But markets evolve. And right now we have a perfect storm forming underneath the surface:
James HarrisAnother 1–2 rate rises could hurt more than people realise. A $700k mortgage could cost $572 more. Get the best financial advice Australia has to offer with 7Wealth team