With the prolonged lockdowns in Australia’s two largest cities keeping
people indoors and spending less, households have squirreled away an estimated
$200 billion this year.
As life returns to normal much of this will be spent over the next few
years in an economy-boosting wave of consumption.
Some of it will go to paying down debt and some will go into buying
assets.
We’re already seeing this in retail spending, and it’s been apparent in
our property markets throughout the year as many homeowners upgraded.
RealRenta
has all the tools that a property manager has, but
less than ¼the cost of a property manager.
Join now and the cost is less than a cup of coffee a
week to manage your rental property
RealRenta also has a free vision, so why not check it
out
Jason Gwerder
Thursday, 9 December 2021
