The Adelaide property market has been booming in recent months on the back of record low interest rates and a range of incentives to help new homeowners enter the market but the window of opportunity is closing, writes Bushy Martin.
Since the emergence of the global coronavirus pandemic, we’ve seen some economists and many media commentators pile on to the doomsday narrative of a looming Australian property market collapse. This isn’t unusual. For many years we’ve seen countless prophecies about the pending property implosion. The only problem is they’ve all gone unfulfilled. And the ‘end of days’ predictions for property post-COVID-19 are also set to miss the mark, writes Bushy Martin.