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Australia, and many other countries such as the U.S are facing a housing affordability crisis. The average home price in some cities is now 10-15 times the average household income. And at the same time, interest rates are at the highest point in over a decade. But if buying a home is so unaffordable, why are prices still going up so fast? Why are they expected to continue rising for the foreseeable future? And if you’re in the market to buy a property, should you buy now or wait for conditions to improve?

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Disclaimer:
The information in this video is general information only and should not be taken as constituting professional advice from Hamish Hodder.
Hamish Hodder is not a financial adviser. You should consider seeking independent legal, financial, taxation or other advice to check how the information relates to your unique circumstances.
Hamish Hodder is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, by use of this video.