US Economy and infrastructure boom and Australia

Discussion in 'Property Market Economics' started by icic, 19th Feb, 2018.

Join Australia's most dynamic and respected property investment community
Tags:
  1. icic

    icic Well-Known Member

    Joined:
    16th Dec, 2016
    Posts:
    1,109
    Location:
    sydney
    I have seen some really positive news about the US economy lately, here are some of the important ones:

    1. 4.1% unemployment, lowest post gfc
    2. National median house prices up 6% last year
    3. Major infrastructure upgrade policies.

    I think the effects of this for the Australian economy are higher interest rates, more foreign investors from the US, better commodity prices and more tourists. Those are just my logical guesses without being backed up by anything. Please share your thoughts about this, would be even better if they are backed up by experience and evidence.
     
    icic, 19th Feb, 2018
    #1