Home improvements set to increase: Marcus Padley

Home improvements set to increase: Marcus Padley
Jonathan ChancellorFebruary 2, 2015

Marcus Padley, the author of the stock market newsletter Marcus Today, has tipped the housing market will remain supported in 2015 as interest rates stay down and investors continue to prefer property to equities.

"But as the property market plateaus as the economy wilts and unemployment rises, making money in property will mean doing what we did in the 1980s, buying the worst house in the best street and adding value," he told Fairfa Media.

"On that basis renovating/DIY/home improvement suppliers to the housing market will continue to be a strong sector."

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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