"""The Reserve Bank noted that rising activity in the property market was not surprising given interest rate cuts.
However, it said that unlike during the years leading up to the 2008 global financial crisis, when property prices surged off the back of low interest rates and bank deregulation, “long-run future growth in dwelling prices might be expected to be more in line with income growth.”
The warning implies key pockets of the property market may already growing too fast for comfort.
A report released by UBS’s team of banking analysts on Wednesday concludes Australia may have the world’s most leveraged landlords – many of home are on low-to-medium incomes."""
The Reserve Bank do not announce "bubbles", they use moderate language to avoid panic. But if you can't see what they are trying to say here then nobody can help you.
