- March 19, 2020
- Posted by: Rogers Property Group
- Categories: Australian Property Market, Latest News, Property Advice, Property Investment
It’s still too early to predict the full scale of the coronavirus’ long-term impact, given the Australian outbreak is in its early stages. However, the past few weeks we have seen increased expectations of an Australian recession, a slowdown in business activity and trillions of dollars wiped off global share markets. But remember, the share market and property market perform differently. When RBA cut rates soon after news broke of the developing coronavirus outbreak, it actually had a positive impact to the property market (meaning prices stabilise or go up). Why this is the best time to start investing in property? Watch the video below.