delusions of property cheerleaders !, page-9

Maybe there will be a bit of both?

What if we had a breakout in wages, this feeds into the CPI, the RBA counters with rate rises which reduces borrowing capacity then house price decline?

Could it happen and could it happen in such a fashion as to not cause widespread damage to existing home owners (new and older) ?

A large drop in house prices will annoy those who have paid off their house but it will devastate the newly FHB.

I can understand why the government will try to do everything it can to prevent such an event.