increasing rates will just lead to more of a housing bubble than the one we already have - increase rates shortens supply, increases demand, increases price.... add to the fact that the govt wont release land in NSW and the stamp duty etc is ridiculous... then add to that the fact its about 2x as expensive for developers to build in sydney than it is in QLD and they have us in some sort of predicament
the state govt will never do anything to ease the pressure on home buyers in Aust because it means they're reducung the amount of money they receive.... catch 22
+25 at the most... but i'm leaning towards a possible 0
- Forums
- ASX - General
- ***get set interest rates to rise !
increasing rates will just lead to more of a housing bubble than...
-
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)