I know low rates will be rising soon, but if they are to rise to a level where they really stem investment in property, then the economy will logically be in strong shape, where as i find it hard to see a significant slump without much higher unemployment.
Regarding the FHOG I was very much of the opinion that they were simply propping up the lower end of the market, it's the strength in the middle to upper market that is surprising me.
Rest assured i'm still hopeful for drops, and i suspect i'd rather rent in this environment than buy at a price where gains are going to be limited at best and the potential for loss is relatively high.
