Bill Walker
Well-Known Member
At the beginning of the Pandemic we were told house prices would fall by 30 or 40% due to people being in strife with mortgages, due to losing their jobs, limited viewings of houses for sale, the share market plummeting and a host of other reasons. With the whole world shut down this seemed inevitable.
House prices have done the opposite over the last 2 years. Prices rises as much as 40 or even 50% !! Average price in Brisbane is now $1 Million
I know similar has happened in NZ, Canada, (prices have soared in these countries) parts of the USA and big increases in the UK.
What do you think has caused this, I find it hard to explain.
House prices have done the opposite over the last 2 years. Prices rises as much as 40 or even 50% !! Average price in Brisbane is now $1 Million
I know similar has happened in NZ, Canada, (prices have soared in these countries) parts of the USA and big increases in the UK.
What do you think has caused this, I find it hard to explain.