"With all this talk of the banks raising rates soon"
I guess you have to know what's happening with bond rates to understand this fully
simply put, a .01% margin rise by "the banks" is hardly the same as a .025% rise by the RBA, who are likely to keep rates on hold for remainer of 2010 due to CPI print.
as for "shemozzle".
so much for that over the last 2 years of doom.
The shemozzle has been the turkeys that were "convinced property would drop 40%+ for 2 years
yet now need 55% drops to get there.
good luck INDEED.
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- reiv auction results saturday august 28th 2010
reiv auction results saturday august 28th 2010, page-17
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