Australia's largest stock trading and investment forum Australia's #1 stock forum

they likely cannot do what they promised. Already ANZ is...

First 109 Last

Share
Profile

Follow
dolcevita

30,200 Posts.

1791

10/06/21

15:52

Post #: 53772708
Share

Originally posted by StockSoldier: ↑

This is the view I used to hold, however clearly its not unsustainable right now if interest rates remain low / go negative if prices are continuing to rise? The cost to service a mortgage is at an all time low - a $500k loan only costs $10-15k interest per annum. What chance is there that interest rates will actually rise in the near future? From all the RBA have been saying its clear they want to keep them on hold for 3-4 years at least. Wont the govt do everything in its power to keep the train going???

Expand

they likely cannot do what they promised.

Already ANZ is forecasting the RBA will be forced to lift rates in 2023. see Business Insider
Upvote

Reply

First 109 Last