Country : Australia
Assignment Task

 

Consistently Low Interest

Rates One of the most significant short term factors to influence housing prices is interest rates. When the cost of borrowing money for a mortgage decreases, the number of qualified buyers increases, especially among owner-occupiers. If all other factors are equal, a drop in interest rates almost always results in an increase in demand for housing (and an increase in prices). A prime example is an article in the Sydney Morning Herald from this last February citing how a further rate cut by the RBA would result in a 15% spike in property values. With rates already so low, and with the change almost entirely affected by US interest rates, it seems like a small factor, but it has a massive change in the short term on housing prices.

Interest rate, Inflation, Modelling how it can be model. factors that will affects this market. Literature review can be only in past tense and other whole paper should be in present tense. Vocabulary should be at a good professional level, grammar should be properly used while writing, note this please. In this diagram I have attached below as overview.png there are stages of projects professors want us to follow. I have to show him my progressive work every 2-3 weeks according to this plan diagram


 

 

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