6 / 10
whom I see on the television and
in the press, talking about interest
rates driving the market. I don’t think
it is interest rates driving the market.
Sure, it’s a part of the equation, but
the most important thing driving
this market is the demand, and
demand is caused by our population
increasing and it is not necessarily
migration, you have to look at the
babies being born in this country.
“There are 6000 babies being born
every week. What most people talk
about is the ageing population but
I think we need to look at what’s
happening in this country. When a
baby is born, within 15 to 20 years
they become independent and leave
the family home and will be looking
for rental accommodation. I think
the future for Australian investment
properties is going to be very good for
thosepeoplewhoare looking for rental
incomes and capital value increases.”
ParkTrent has a focussed marketing
plan and they hold investment
conferences across the country and
in Malaysia, China, Vietnam, and New
Zealand. In Australia alone there are
fiveorsixconferencesheldeveryweek.
At these conferences a professional
presenter, and at times Ron
Cross
himself,
explains
the