The 'real' doomsdayers are those at the RBA and in government who cut rates & lifted the FHOG bribe last year to lure the final and most marginal buyers into Australia's housing bubble at the worst possible time (near its peak). Now that they have cut the bribe & lifted interest rates 6 times, they've not only placed the noose around the heads of many young Australian's but are pushing them off their chairs to let them swing...
