In an article for the website Property Update, Michael Yardney says that the cash rate is going to stay where it is for sometime but an ascension in rates is on the cards next year and this will be followed by a downward cycle, perhaps as soon as 2017.
The experts are divided in their opinion; some of them are convinced that a rate hike is due in the first quarter of 2015 while there are others who think it will stay sessile for another couple of years.
The position of the Australian dollar and unemployment levels do not create much ground for a rate hike just as yet but such conditions which warrant a rate rise will present themselves shortly, feel many experts.
You can read the original article here.
There are many great ways in which the property market may get affected due to the 
In an article for the website Property Update, Michael Yardney talks about the proposed end of US’s increased reliance on 
I think a lot of things can go wrong with home renovation projects if you have “buy, renovate and sell” on mind. A lot many times, we overcapitalise on renovations and from that point on it is a downward spiral unless we meet a very generous buyer who still hands us out a decent profit. When you have renovation in mind, aim to buy the property at a reasonable price. Not many who bought at a high sticker and went through an elaborate renovation found themselves laughing all the way to the bank when it was time to sell the property.
Adam Smith talks about a report released by the Housing Industry Australia in his article for the website Your Investment Property. The report sheds light on the building requirements in our country and suggests that the most difficult challenge faced by the property market would be to create enough dwellings to accommodate our ageing population.
In an article for the website The Adviser, James Mitchell talks about the bipolar view on negative gearing. There is a school of experts who believe that negative gearing can overheat the market perilously. On the other end of the spectrum, there are others who believe that the pros of negative gearing easily outweigh the cons.
