Oh dear.........not long now until we have lift off.
I dont think it matters if the rate hike happens next month or next year, but it will happen and when it does, its going to hurt.
I've been keeping a close eye on real estate prices on the Gold Coast on realestate.com and they are only going in one direction, down.
Its starting to get messy and i think the penny has now dropped for the general population.
No doubt some poor buggers are going to be carved up like a christmas ham.
Raise those rates and it should get interesting, bring it on and lets see this over inflated realestate mess have a clean out.
JW
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