Five Reasons Why Home Prices Will Fall in 2024!

Digital Finance Analytics (DFA) Blog

Dec 29 2023 | 00:11:25

00:00 / 00:11:25

Show Notes

In this show, we examine the main reasons why it is likely property prices will fall next year – this is a counterpoint to my earlier show which went through the Five reasons why they will rise – as trotted out by the property spruikers. In summary, the risks from higher unemployment or a recession, the exit of property investors, higher delinquency and defaults, higher mortgage rates for longer, and dire housing affordability are all reasons why prices could fall in 2024. And let’s be clear, the great Australian dream of owning a home is now totally out of reach, […]

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