Hi all, just wanted to know how the elections will affect or impact on the property market? Is it a good idea to buy an investment property now, before the elections?
Thanks - Marcus
Should I buy now or after the elections?
- Otto Dargan
- Mortgage Specialist
- Posts: 7730
- Joined: Sat Sep 06, 2008 5:55 pm
- Location: Sydney, Australia
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Re: Should I buy now or after the elections?
Historically buying during the election campaign has been a good thing. Generally there are fewer buyers and a lower auction clearance rate. So far it seems like the clearance rate has been very low over the last month or so, this indicates that now could be a good time to buy.