excuse my ignorance, but i thought interest rates were set to go...

excuse my ignorance, but i thought interest rates were set to go down in the short term? does this mean your predicted crash does not have another few years to come?

and notwithstanding the interest rates rise which affect demand, what about the supply side?

sydney is surrounded by coast to the east and national parks to the north, south and west, we only have so much land.

Surely with a strong demand from cashed up overseas buyers and higher income earners, particular suburbs would be quite resilient to rising interest rates?

i think interest rates rising would really hit the first home buyers market, am i right in making this assumption?

im looking at the Sydney's north shore unit market at the moment, it really seems that suburbs such as chastwood are forever going to be going up, strong demand from overseas clients who are cashed up big time and probably even buy outright?

What are your thoughts?