07/04/2022
‼Inflation expectations are now hitting 7.5% this year.‼ They are a key driver of inflation itself. Having been a non-issue for decades, inflation is now very much in the headlines.
History shows that inflation expectations can be self-fulfilling – if enough people expect higher inflation, then actual inflation will lift. Rising expectations can thus create a dangerous feedback loop by amplifying already too-strong inflation pressures.
ANZ estimates suggest higher consumer prices and rising interest rates will add an average of $150 per week of costs to household budgets over 2022. Some households will be paying a lot more.
Making the property move now could be your best bet, buying into a down turning market means you could pick up a bargain.
Get in touch today to find out how Resi-Light purchases properties as is for cash🏠