Gottiboff: Property is surging!

Advertisement

The Gottiboff is at it again spruiking property:

Six forces are driving the market:

  • The low interest rates…
  • There is a widespread fear of “missing out”…
  • In detached dwellings there is a shortage of supply…
  • They might not admit it publicly, but the banks are now easier with granting loans…
  • Young people are waking up that they can at last use their money from their superannuation…
  • There is a wave of first home buyers waiting for housing minister Michael Sukkar…

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.