Canadas federal reserve dropped their cash rate to 0.25% during the GFC.
RBA got to 2.75%
both are strong commodity economies.
So if Canada property survived at 0.25%, there's a lot of room to move for RBA should the need arise.
Canada now is 0.50% cash rate and australia 4.50%
there's some perma bears here really spoiling legitimate bears arguments. They don't want you to consider even remotely possibly the idea of you buying property with in the next hundred years. Think about it. It's time for you guys to sort yourselves out.
