Arjun Paliwal is the founder and Head of Research at InvestorKit, who says Australia experienced an unprecedented property boom in 2021 as households saved more cash.
“In 2022, we can expect property prices to be led by high demand in select areas extending their growth cycle rather than a blanket approach of low stock nationally, rental vacancies for apartments likely to decline as international borders open, a fall in first home buyer activity is expected in our major cities, and Aussies continuing to make a sea or tree change.”Here are the seven property trend predictions for 2022:The volume of enquiries from buyers, typically owner occupiers, fell by 21.
Property price growth in early 2021 had one common factor: markets had low stock which led property prices to shoot up. 3: The seachange and treechange will continue as Aussies bring forward their retirement plans and continue flexible work “The pandemic made people rethink their living situations and seek a better lifestyle sooner. We saw people try different tactics to achieve retirement earlier by downsizing or investing. It’s not a new trend - it simply became supercharged during lockdowns – and will continue at higher than previously seen levels.”
Hell
No . Sell now !!!!
if you don't own, you're screwed.