Once these new budget measures hit the banks, they will raise rates to protect their bottom line and ensure their share prices/market caps aren't impacted which means property owners/consumers get hit with paying for the budget measures.. if property owners have to reign in the spending, economy gets impacted, less interest in property = valuations decrease?
come to think of it, the government has "taxed" the banks.. the banks are made out to look like the bad guys when all is said and done whilst the government collects. fascinating
