58 | Will apartments value drop by 50%?
Episode description
In recent weeks, a few lenders have begun to tighten their terms and conditions on apartments in certain suburbs across Australia. Needless to say, some commentators are putting a blanket statement on the future of apartments and claim that they are looking rather bleak at the moment. However, how much impact will these changes have on apartment value and if so, will it affect all types of apartments?
Listeners that have followed this podcast since its inception would know about Bryce and Ben’s view on apartments. Whether it is a brand-new one-bedroom apartment in the city centre or an attractive off-the-plan deal, our hosts still prefer established apartments in great locations. As property investment advisors and buyer’s agents, they have advised hundreds of clients to invest in apartments so, are they worried about this lending restriction? Are they expecting a massive drop in apartment value and where are they seeing this happening? Listen to this podcast to find out more.
The article mentioned in this post:
- Apartment lender AMP blacklists more than 140 suburbs – Read more
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LISTEN TO THE FIRST 20 EPISODES HERE >>
MOORR MONEY MANAGEMENT APP:
👉 Apple: https://apple.co/3ioICGW
👉 Google Play: https://bit.ly/3OT86bW
👉 Web platform: https://www.moorr.com.au/
FREE MASTERCLASS:
- How to Build a Property Portfolio and Retire on $2,000 a week >>
FREE BEST-SELLING BOOKS:
- The Armchair Guide to Property Investing
- Make Money Simple Again
FIND US HERE:
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