I know what the RBA wants but its impossible to fire up residential contsruction without an increase in established house prices occuring first.
Thats my point.
So either:
1. Rates continue to fall, established house prices rise at a faster rate, then confidence/residential construction/consumer spending pick up.
2. Rates continue to fall, etablished house prices do not rise at all, then confidence/residential construction/consumer spending do not pick up and Australia is stuffed.
