Here's a thought experiment for you. If near zero interest rates are so good for property, what will happen if and when interest rates go negative?
Can't happen you say? Makes no sense? It's happening right now in Europe.
Nothing says it cannot happen here. And it might not be the panacea you are thinking of.
http://www.bloomberg.com/news/artic...-for-sub-zero-rates-squeezing-mortgage-income
http://www.theaustralian.com.au/bus...conomy-in-danger/story-e6frg9wx-1227368892978
