Investor borrowings falls 28.60% in the last 12months!
Investor borrowings falls 28.60% in the last 12 months.
According to the Australian Bureau of Statistics investor borrowings fell 28.60% in the last 12 months to April 2023.
This will no doubt create further pressure on both vacancy rates and rental income growth.
Investors are providing the stock that renters so desperately need.
Less investors = Less stock.
Less stock = Scarcity
The combination of Australia being a country with low levels of social housing, less new buildings being built and investors decreasing will continue to put pressure on the current rental crisis.
Those investors who continue to take action right now are going to reap the rewards separating themselves from the herd.
Do you have any questions? Or you want to discuss the opportunity of working together to help you secure a high quality investment property? Reach out today.