I know this is a bold claim by Simon Pressley from Propertyology, but if you take a listen to this video and give the article below a read you might get a better understanding of what could happen next.
Between 2002 and 2008 interest rates in Australia increased 22 times. Despite these interest rate rises the median house price in many Australian suburbs doubled.
House prices in Brisbane actually increased by 127% between 2002 and 2008, which was the second half of the last real estate cycle.
You take a look at Simons’s full article here, it’s filled with gold…https://www.propertyology.com.au/house-prices-could-still-double-even-with-interest-rate-rises/ *
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