THIS MONTH IN RAY WHITE NOW
Will a house price boom end because it has been going on too long ? It ’ s unusual for strong increases in pricing to just run out of steam . Usually something happens that slows it down , or in more drastic cases , cause prices to tumble . Historically , this has included interest rate increases , heavy restrictions to finance or the end of a mining boom . This month , we take a look at what could break the boom and the likelihood of this happening in the near future .
Meanwhile investors are back with a sharp rise in housing finance for this group since the start of the year . Is it a good time to be an investor ? And if you are , where are some places worth looking for your investment ?
As a long time fan of Byron Bay , but sadly not a long time investor in the region , I take a look at where could potentially be the next Byron Bay by using a data-led approach . While more scientific than simply picking my favourite beach town , it does beg the question - is Byron Bay unique ? Or could the incredible increase in popularity and subsequently pricing be replicated elsewhere .
Finally , our Head of Commercial Research , Vanessa Rader , takes a look at investing in a childcare centre . What should you look for when making the investment ? And are there any pitfalls in purchasing this property type ?
Nerida Conisbee Chief Economist Ray White
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