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INFLAMMATORY HEADLINE!
15 days ago
INFLAMMATORY HEADLINE!

Interest rates are heading UP! Well, not really—they're actually going to go down, just at a snail's pace. Why the tongue-in-cheek opener? Today, I've swapped my real estate hat for a sensationalist journalist's cap in our clickbait-crazed media world. Getting beyond the blaring headlines is a true Wednesday workout. Take a gander at these gems:

“CommBank Warns Customers About Possible Rate Hikes”
“Dire interest rate prediction as households feel the squeeze”
And my personal favorite, “‘Panic-shift’: RBA rate call not what it seems,” where the third paragraph helpfully advises, “Don’t panic.”

Yet, all these articles eventually circle back to a report from CommBank predicting a RATE DROP later this year. So, what's with the doom and gloom up top?

This really irks me. As part of the real estate sector—often knocked for our liberal use of 'spacious' in describing cozy studios—we're constantly called out for misleading the public. However, these headlines aren't just stretching the truth; they're flat-out fiction.

And here's why it's a big deal: the real estate market heavily leans on public sentiment, which is massively shaped by the media. Sentiment can become reality. So, if you're thinking about buying or selling, my advice is to chat with a local agent. The media might not know which way is up, but we sure do—and we're here to help you navigate it.

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