Prices set to surge as more Australians plan to invest in property
More than a third of Australians plan to buy a property over the next two years despite worries over rising interest rates a new survey had shown.
The Mortgage Choice Consumer Sentiment Survey also found that more than two in five plan on buying an investment property. More than half (57%) believe the recent global financial crisis had made investing in property seem safer than shares.
“As we all know now, the Australian housing market has emerged from the financial crises relatively unscathed compared to its global counterparts,”
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