All Topics / General Property / Is now a bad time to buy ?

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  • Profile photo of Tommy15Tommy15
    Participant
    @tommy15
    Join Date: 2013
    Post Count: 0

    Hi, we are looking to buy a family hone on the sunshine coast qld,

    i keep hearing mixed answers whether to buy now or wait due to rate increases, world events etc.

    There is still high demand in area, so unsure as to whether prices would actually fall over the next year or 2 like “experts” predict.

    Wondering peoples thoughts who know alot more about the economy situation than myself ?

     

    Profile photo of E.Baker78E.Baker78
    Participant
    @e-baker78
    Join Date: 2022
    Post Count: 0

    Hello Tommy,

    My personal opinion is that there will always be conflict about these topics. Some people act like they know how the market will act for sure, others just like to talk. None of us have predicted Covid, or the war between Russia and Ukraine, and the list goes on. If the area is high demand, it is very likely that prices will keep going up. And I never heard anyone being upset with their property investment, in the long run you always win.

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