Is the Government About to Create A Second Regional Property Boom?
By: Niro Thambipillay
October 14, 2022
Will this create Regional Property Boom 2.0?
Are you someone who used to believe that Capital cities were the best places to invest in for Capital Growth?
If you did, I don’t blame you.
Most people think this way.
And yet, in our recent post Covid property boom, despite so many capital cities doing as well as they did…
Many regional markets did even better.
Now, some of the sceptics said this wouldn’t last.
They said it was because of all the lockdowns…
And once those lockdowns ended, people would move back to the cities.
Yet, that hasn’t happened.
In fact, the move to more affordable lifestyles in regional areas has continued.
Of course, not at the levels of last year.
But…
A new federal government incentive could see demand for regional property increase once more
(Regional property boom 2.0?)
What’s even more interesting is that this incentive was only supposed to come into effect from 2023
Yet, the government secretly brought it in from October 1st.
Why?
What is this incentive?
And what’s it going to mean for you as a property investor?
Find out in this week’s video.
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Financial disclaimer: I am not your financial advisor and the opinions I share in this video are purely my opinions. This is not to be considered personal advice as it is general in nature.