Sydney and Melbourne Property markets have only just begun the long, slow decline.
Thankfully, we sold most of our Property Investments throughout 2017, ahead of the Perfect Tsunami that lies ahead.
Never before have we seen so many events unfold together.
1) An Investor driven boom that saw house values too much over too long a period
2) The roll over of many Interest only loans into Interest and Principle in September 2018, as Matt Cormyn from the CBA has just highlighted
3) A Royal Commission into the Banking Industry that has severely reduced lending, as well as severaly reducing the value of some major Australian Institutions, such as AMP
4) Bank Interest Rates (not the RBA) that have to rise to keep pace with where they are borrowing from.........Overseas
We are now experiencing our greatest boom in new astute investors coming on board, which is a clear sign.