Hate to sound like a conspiracy theorist.But housing is definatly headed for a bust in this country.Financial laws no asset bubble will not eventually be popped .Aussie dollar tanking investors pulling there money out hard as we are seeing on the stock market dont forget investors also invest in real estate in this country.As long as the aussie keeps going down so will the stock market and property market what we are seeing is the calm before the storm.IMF has issued that many warnings about our housing prices in the last ten years we can't dodge the bullet for ever.Job numbers are key if you see unemplyment rising definatly put of that investment property regardless of what the rba does with interest rates.One thing i struggle to understand is the average Aussie is not getting the concept that our cash rate is at an emrgency cash rate big emphasis on the emrgency they havent lowered it cause they love us so much its been lowered cause the economy is upp the pooper .when people are being forced to sell that investment property and people are foreclosing on there payments boom 20% fall on property is not unrealistic.
