It’s always a good time to buy: Bouris

Speaking to Smart Property Investment, Mr Bouris said property buyers should never factor real estate prices into their purchasing decision, but rather, their own financial circumstances.

“Obviously there is a lot of talk at the moment that properties are overvalued. Economists are currently saying that properties are overpriced by as much as 25 per cent. I think that is about right,” he said.

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“However the reality is, this really should have little bearing on a home buyer. If they can afford the property, then they should buy it,” he said.

“Regardless of what the market is doing, it is always a good time to buy property, provided you can afford it.”

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