Is cash still king?
The number of mortgage-free buyers is rising, and the trend is revealing some surprising market shifts.
On this episode of The Smart Property Investment Show, host Phil Tarrant talks with Julie Toth, chief economist at Property Exchange Australia (PEXA), about the growing prevalence of cash buyers.
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Unencumbered by the usual trappings of steep mortgage rates, Julie explains that cash buyers are increasingly setting their sights on inner-city locations where rental demand is high.
The duo also discuss the evolving preferences of cashed up downsizers, and mull over the potential implications on local property prices.
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