Why 2020 is the WORST time to buy property

It’s a bold statement, but it’s true. For some of you who are reading along right now, 2020 is absolutely the worst possible time you could consider buying a property. In fact for these people, moving forward with a real estate purchase this year would have the potential to cripple them financially, not just now […]

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More huge job losses lift unemployment to 7.1% But maybe we’re over the worst.

Employment fell a further 228k in May, far worse than market expectations for a 79k fall. This means that over the past two months, a massive 835,000 people have lost their job. Unemployment rose to 7.1%, with the rise tempered by more people leaving the workforce, where the participation rate has fallen to 62.9%, its […]

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Will COVID-19 prove to be the best or worst time ever to buy residential property?

Right now you will be forgiven for thinking that the roof will cave in if you buy a residential property, as the value may plummet. After all, some headlines are currently suggesting that property prices in Australia will drop by as much as 30% (or more) resulting from COVID-19. So what do you do? It’s […]

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