after all the posts today... all apparently off subject
can we get back on track on subject... yes or no...re the thread heading
simple...do you agree or disagree with the direction of rates.... I say they are going down.... I keep seeing more businesses are closing down...which means more people unemployed... which means dire circumstances... and rates must go down real people, are feeling real pain.... small business are the biggest employers in this country... the west might be hot.... but the east coast is in dire problems...
and for every worker out there....with compulsory super.... I would be very careful about bagging property.... when it is your superfund , that is taking the biggest hit... and there is absolutely almost nothing you can do about it...cause most of the superfund managers, only invest in stocks...or the alternative of bank interest...both of which are taking huge hits... those same workers, who are buying their own homes, are the only ones with their heads above the water... cause property is holding its own....the saving grace...
so much damage has been done to the brand...'stocks and the sharemarket' that I doubt it will ever recover to the highs of the past 20 years.... there is too much corruption and manipulation in that sector..... but everyone needs a roof over their heads....
the property sector has not seen the corruption, manipulation...that has been rampant in the stock market... and, being held by individuals ...it never will hence property, roof over the head, will always be more attractive for conservative, safe investors
