2019 Has Been a Roller Coaster for Australia’s Housing Market

Australia housing marketThey say property is the safest investment you can ever make. Stocks and shares can fluctuate wildly and never recover. This requires pure guesswork or a shrewd eye as to know when to cash out. Many people see stocks and shares as a form of gambling.

If, instead, you decide to place your money into a bank, interest rates are at record lows across the whole world. Therefore your money will stay stagnant, even losing value in the long term.

Property has always been a much more sound investment than both of these options. So what happened to the Australia housing market in 2019? And does this mean you should reconsider investing in property or get a mortgage? Continue reading