'This transition involved lower interest rates, better-anchored inflation expectations, and increased availability of housing credit. Without some reversal of these structural changes - which is a virtual impossibility - we do not expect Australian housing prices to fall.' - Paul Bloxham, chief economist, HSBC (formerly at the RBA).
Australian house prices falling.....but that's a virtual impossibility (according to economists like Joye & Bloxham that is:)
