australians falling behind in mortgage repayme, page-140

  1. 5,436 Posts.
    passive 1
    "Only on this forum can the ill informed make such silly predictions "
    ???? Spot the wally :)
    Anyone who post without providing substantial information to back up the point being made ,or ,who tries to belittle the opponent is THE WALLY. It is a give away that they are here with own agenda and not to contribute to a debate.

    Some think that they can win a debate by intimidating others by numerous short post ,name calling while aiming to be heard.
    Empty vessels make most noise.

    Finally ,elaborate on yr statement,
    “Inflation will cause hard assets , like property to remain stable or even rocket. Cash will chase fewer assets as it

    devalues. Learn some basics of economics .”
    Basic economics tells me that if unemployment increases ,there will be less ppl who can afford to pay hi rent,or house repayments. That equals defaulters ,or delinquencies.

    Low interest rate would only benefit the ones who can afford the most. Those who borrowed to the max to buy a house will be send to the wall WHEN interest rate starts reversing /rising.

    Supply and demand .No income no demand.
    Cash is king , buy lo sell hi .
    DYOR.




 
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