Glyco Boy Blog

Australia’s real estate market is much more stable than that of Britain or USA, and although real-estate markets around the world are having a difficult time of it recently the property or home market in Australia seems to have weathered it comparatively well and investors are still being seen investing in both commercial and residential properties.Predictions for 2010 change amongst experts, many say there will be a 10% drop in property in rainbow beach prices and others say a 5% rise and the employment rate will, most certainly, be the determining factor.Although Australian banks have slashed their interest rates, it will only be individuals with deposits that are able to invest and who are able to maintain mortgage payments and the Government has released much stricter lending rules, so banks do not lend to people who are unable to afford the repayments.