I am back. So is SGH, page-1265

I'm not so sure these low interest rates are an advantage. I would rather lived in Jim's era where the rates were high as house prices are linked to peoples ability to borrow. As rates fell from 15%, property couldn't help but go up because peoples borrowing power increased with every rate cut and increasing wages. Now we have a problem of peoples borrowing power hitting the limit, house prices at ridiculous levels, wages growth limited and a quite possible future of increasing interest rates, all these things will limit the capital gain and also put downward pressure on peoples ability to borrow. The best has gone in property in Oz imo.