Cheaper property is more affordable… Right? Wrong!

Cheaper property is more affordable… Right? Wrong!

If property prices fall, that makes houses and apartments more affordable. Yes… Actually no….It doesn’t. Wait… how can that be? Broadly there are 5 factors that determine property prices. If we look at the current market there really only 2 things impacting it. Cost of living has gone up Interest rates have gone up. (as discussed here…Read More→