Yes the housing market will fall so those waiting to buy could afford to buy in addition the fact that negative gearing is still possible on newly built property would lead to an increase in supply there. Builders/laborers would be freed up to bring new supply on line rather than doing renos on existing property, real estate agents and mortgage brokers would be freed up to get a real job.
rba should put a sock in its mouth, page-30
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$65.22 |
Change
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| Open | High | Low | Value | Volume |
| $65.48 | $65.75 | $65.15 | $21.79M | 333.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29 | $65.20 |
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| Price($) | Vol. | No. |
|---|---|---|
| $65.23 | 2373 | 2 |
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