Australia Property News

Reserve Bank warns about investment in Australian real estate

by Mark Benson on April 3, 2014

Reserve Bank warns about investment in Australian real estate

Reserve Bank warns about investment in Australian real estate

Glenn Stevens, one of the governors of the Reserve Bank of Australia, has issued a veiled warning to those looking to make a quick buck in the Australian real estate market. While some have accused the governor for being overly pessimistic about the short to medium-term outlook, he did make a number of very salient observations about the Australian real estate market in general. If you’re looking towards the Australian market there is every chance to make some decent money in the longer term but you need to be aware of the current environment.

So, what did Governor Stevens suggest to those looking towards the Australian real estate market? Why did he issue a warning about the future and why is he apparently looking to take the froth off the market? [click to continue…]

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