Your analogy is wrong because if there was any impact due to interest rates in Australia then we would not have seen property prices going up to what they are today (since 2020).
You are literally assuming that everyone in US had fixed rates for 30 years just started when bank starts to increase interest rates, nevertheless you can use that to help make your point.
However, the moral of the story is that one can use the maths to show number going up and down but it has no value if it isn't reflected in property prices ! (which is the case in Australia).
If RBA decrease it's rates too soon (before property prices started to settle down) then it will have long-term detrimental impact on Australian young generation's future and it will only going to widen the gap between those who owns 65000+ FMG shares to those who owns 100 shares !
Iron ore price, page-54230
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.44 |
Change
-0.190(1.02%) |
Mkt cap ! $56.77B | |||
| Open | High | Low | Value | Volume |
| $18.86 | $18.95 | $18.12 | $237.9M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $18.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.45 | 4950 | 4 |
View Market Depth
| Last trade - 16.10pm 28/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |