no rate rises for at least 6-9 months, page-17

jim jim,
you wonder if gfc2 would be good for housing...

not everything written here is about prices going up...
my posts are focused on the reality out there in lala land.

the hundreds, and thousands of posts on this forum, have been predicting a constant raising of interest rates...as if...
as if the economy was in a good place...and that higher interst rates would stop people from buying homes, for a roof over their heads..
so in a roaring economy that needed rate rises...at the same time house prices would crash, the people would have to bail out of their homes, and go rent instead,,
or similar contradictory statements..
then there is the cash is king mantra...all that moolah that people would earn by holding cah, with huge high interest rates,,,compared to how much home owners would lose in comparison...unless they bailed out and rented...

then the bargain hunters would step in and happily take his mates house...the mate who lost it, thru unfortunate circumstances etc..
sanity has prevailed on a large section of the community..
those people are not spending, they are saving, they dont trust the govnut, with its constant lying, nor the media with hiding the truth, and following the labor govnut mantra, like a mushroom..

no matter how the economist or govnuts twist the figures around to show we are in la la land...the public are not buying the foolishness...
real businesses are struggling, the banks are not lending to help them out, jobs are being lost, its disastrous out there..
most of the stuff posted on here is 'pigs might fly scenarios' house prices crashing 50%...cause thats what happened in japan and the US...interest rates soaring to kingdom com...
seen any fairies at the bottom of the garden lately