Soaring interest rates are not scaring off residential property investors - The Australian Financial Review

Residential property investors are ignoring soaring mortgage costs to snap up rental apartments and houses. They’re also prepared to ride the market down in some of the biggest falls in property prices for nearly 40 years, says buyer’s agents.

Harvey says he has recently increased rentals on a portfolio of properties in Sydney and Brisbane by about 10 per cent. Many investors are sitting and waiting [to get into the market], but smart one… [+4100 chars]

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