rba warns fhb's this is not time to buy, page-50

I don't believe the thread is an accurate representation of what the RBA said.

The bitterness is all from the bear camp as these constant silly posts are an indication of massive frustration in that you guys keep getting it wrong.

Why on earth would we be bitter, it is all going our way! Capacity to draw the correct conclusion certainly is wanting.

I would go so far to say that any person who is a FHB who has a cautionary approach and has a good job - NOW IS THE TIME to buy and borrow. You qualify easier for more under a low interest regime. Leave it to the time when rates rise, a few years hence, and the sum you borrow will drop or you may not qualify at all. Really irresponsible advice given by bears here with no regard to others welfare but all about satiating their desire to be right despite the tide hopelessly against them