up up and away, page-9

  1. 3,091 Posts.
    LOL, you guys are hilarious, this latest boost in the FHOG has effectively propped up house values by 5%. FHB numbers have increased 10,000% since October, they are the market ATM.

    This has brought forward the purchasing decision of about 2 years worth of FHB. What do you think will happen after June 30 when there is no more market? Yes, it is a dead cat bounce.

    Also, the RBA even concedes this is the case....

    Reserve Bank warns of homeowner grant-led spike to house prices

    If you were smart you would sell on this last rally.
 
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