yes you are wrong as usual ... all those people increasing their debt levels will love the rate hikes coming .. all the FHB that have switched out of renting into buying a house without considering rate hikes (> 2% inc).. all those people with multiple properties modelling their rents vs repayments at current rates. I must be making this stuff up because there isnt any proof of investor mortgaging going crazy or rates at historic lows or personal debt to income ratios through the roof .. hang on. oh its different this time .. your maths is outstanding SL just like the hours of your wonderful life you spend here contributing to HC.
