Then came late 2000s & early 2010s where mining boom has peaked, weaker economy as result. Gov cut interst rate to combat this problem, house price stabilised....
Australia property market is funny. Interest rate rise creates property boom & interest rate cut creates property correction. Next move as bears are predicting "rate rise"..... what will happen to property prices on the back on economic recovery? I'll ask Hawker, he got more logic than all the bears here... What will happen ?
end of the line for the speculative mania, page-208
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)