Will the Australian Housing Boom last longer because our RBA is so much more dovish than other countries. The UK and New Zealand have already raised rates and the market is apparently now expectly the US to raise rates 4 times in 2022. The RBA's promise not to raise interest rates until 2024 may have added a heap of speculative fuel to the current boom we're seeing.
So where to from here in 2022? Will demand remain ridiculous or will we see it start to fade and the market slowly fall as the wild speculation (FOMO) aspect of the market dies out.
