A Sydney-based real estate investor who owns 42 homes and has set his sights on acquiring 1000 properties has revealed that he doubts he and other investors have had a marked impact in driving up home prices.
Schools across NSW will have restrictions eased on Monday, allowing parents back on school grounds and dancing and singing activities to start up again.
Recently revised forecasts from banks have tipped national house prices to rise by 9 per cent by the end of this year.
Loan repayments are rising again, with surging property prices outweighing the improved affordability from record low interest rates.
Many city renters left for regional towns in a bid to "try before they buy", raising rents in once affordable markets.
Double digit buyer registrations and huge crowds have turned up to auction in February as prices jumped.
More than one in five home-owners struggle to keep up mortgage repayments while on parental leave, a survey has found. Photo: iStock
More first-home buyers have been receiving financial help from their parents in recent months, brokers report.
Owning an entire block makes it easier to add value to the units.
New data reveals the cheapest suburbs to buy houses within 10 kilometres of city centres around Australia.
Auctioneer Tom Panos in action at the auction for 7 Finlays Avenue, Earlwood.
‘Stop complaining’: millionaire property investor defends plan to buy 1000 homes
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‘Stop complaining’: millionaire property investor defends plan to buy 1000 homes
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Face masks could remain mandatory in NSW after December 15
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