cba, page-3

sounds like Some are just pissed off with the Housing prices boom ..possibly because they missed the housing recovery in the big cities.

CBA is 1 of the 5 bank Pillars in OZ .. its Gov backed ..and is a Solid Earnings performer !!

Banks have got the RBA lowering rates again ..to stimulate building more homes.
Asia lowering rates again ..to stimulate consumers
the USA stalling on raising rates in 2015... to protect its exporters in recovery from a lower USD

so Rates are low and staying low... until the World economies can afford to raise them.... its not when some Ozi homes become too expensive for some families...wanting beach side lifestyles...on average incomes.

Housing price appreciation in some suburbs creates Urban Migration ..reshuffles some residents away from expensive suburbs ..to affordable areas ...and visa versa depending on income..

Banks Survive and prosper .. thru out all these Urban transitions ..as demonstrated by them in the many previous decades of home price growth ..worldwide... the Banks have Prospered .