Money magazine Comments - Property spared as rate rises hit sharemarket A slew of interest rate rises has unequivocally impacted the sharemarket but have yet to make a dent on local property prices. But will stocks shine long-term? https://www.moneymag.com.au/feed/latest?story=179801754 Sun, 22 Oct 2023 11:31:04 +1100 Sun, 22 Oct 2023 11:31:04 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Property spared as rate rises hit sharemarket https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Jason Mudford ()

Hi Jonathan, I read your article. I would say you need to research the property market more. Property prices nationally decreased about 9% from April 2022, every month the rates went up. Melbourne and Sydney are the 2 worst performing capital cities of the 5 majors. Melbourne in particular has only increased 3.6% since March 2020. Property has outperformed the Sharemarket in growth over the last 20 years 177% versus 159%. Australia will have a housing shortage for the next 20 years as documented by Government agencies.

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]]> Jason Mudford () Sun, 22 Oct 2023 11:31:04 +1100