Are higher rates breaking the property market? Pete and Chris on buying in a downturn

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Are higher interest rates finally testing the Australian property market—or creating a window for patient buyers? In this episode of the Australian Property Podcast, Pete Wargent and Chris Bates discuss what rising mortgage costs and stubborn household expenses mean for buyers, borrowers and investors. Recorded ahead of an RBA decision, their conversation examines the prospect of another rate rise rather than assuming its outcome. They look at why some households cannot refinance despite holding equity, how tighter borrowing capacity is changing the plans of first-home buyers and upgraders, and why a weaker market does not affect every suburb or price point equally. Pete and Chris also…