EP 025: May 2023 Property Round Up

If you’ve been following our emails for some time,
You’ll probably know that…

In an email last month, I called the top of this interest rate cycle.

To my surprise, unfortunately rates have risen again!

So, where along the line, did we go wrong?


At the time, banks were expecting a hold, and the top property minds in the industry seemed to agree that the RBA couldn’t possibly choose to raise rates again.

Now, with the advantages of hindsight…
Think about what happened when we paused the increases the month prior.

– The economy started to fire up again
– The news began to express positive sentiment
– And in some areas, house prices were already recovering.

So to put it simply: interest rates are the RBA’s lever on controlling how much we spend.

As long as the psychology of Australians is still in the mind frame to spend money,
The RBA will continue to increase rates to prevent economic activity causing further inflation.

Now, I know all this can seem confusing…

Fortunately, you don’t have to read up on all of this by yourself.

In this week’s podcast episode, Grant and I are back with our May 2023 property round up!

To keep you up to date on the market, we’ve compiled everything that has happened in property since last month’s episode.

We’ll be discussing:
– The effects of interest rates
– Psychology and human behaviour
– The CoreLogic property report for May
– As well as inflation, our forecasts and more!

P.S. What are your predictions for the next RBA meeting?


All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

Episode Highlights:

00:00 Welcome to Property and Investing
01:54 RBA surprise increase
04:39 Knock-on effects of rate increases 
05:58 Psychology and human behaviour during rate increases and vice versa 
11:29 Why does real estate work? Supply and demand
18:32 The biggest proprietor of inflation 
20:44 Revenue government gets from property 
23:35 Will interest rates go up next month?  
31:32 What are we forecasting now with our properties? 
33:25 CoreLogic report for May  
40:02 The inefficiencies in property everywhere
42:02 Rents are up, supplies are getting worse 
45:15 Our outlook on property overall 
47:43 Mortgage prison
52:04 How long before anything breaks

If you enjoyed this episode, please don’t forget to subscribe, tune in, and share this podcast!

Subscribe to our weekly podcast newsletter. It's FREE!

Scroll to Top