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The discussion kicks off this week on the topic of house prices, with the CoreLogic Index last week showing further falls. Sure, the drop was smaller than in recent months. But be careful of reaching the conclusion that the downturn might also be over. It probably isn’t, and the ultimate peak for mortgage rates could hold the key as to when property values find a floor.
Indeed, the macro news last week also had a negative tone, such as filled jobs, dwelling consents, and business confidence. Weak hiring intentions could be a property market concern for next year, given the importance of the labour market to borrowers’ ability to keep servicing their debt.
The guys also discuss some listener feedback, especially the idea that casually switching to interest-only if a borrower gets into trouble isn’t as easy as it might seem.
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My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.
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