Interest rates are so high now. What advice would you give your DDP clients? 

Well, in my view, interest rates are not that high. It's just because people haven't really felt a rate rise in the last decade.

And there's been a lot of property bias that got into the market and they've never felt like what a rate rise is. So historically, in the early 80s, there were interest rates at 17, 18%. That's what I call a high-interest rate.

Interest rates right now are inflation as they're trying to tackle. That's just part of market cycles. So it's just kind of back to what has happened after interest rates do go down. And if we look at the last six rate rises, you know, over the years, data has been shown that once the rates start to drop, a property boom happens. You don't want to be that person who buys the property when the interest rates do go down.

You want to buy the property when the interest rates are actually at the highest because that's when most are not in the market. It now comes back to your cash flow. flow because the repayments are high, you don't wanna be buying a property that you're gonna be losing money on because the interest rates are high, which is where at DDP, we find properties where the cash is so much greater than the expenses that you have plus the capital growth that if you do buy properties now while interest rates are high, data has been shown for the future when rates start to go down, you'll be making far more instant equity than someone coming in. and the market's already topped out.