If you concede that "it is not all rosy out there" (as we've been saying for a while now), do you also concede that property values might be affected by this lack of rosiness?
I simply don't see how you can say that on one hand, the economy isn't doing well, and rates need to be cut, and at the same time say that property prices are going to increase (given that both are necessarily related).
I recommend looking up the terms "cognitive dissonance" on google.
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- global woes- + the rba is even gloomier today
If you concede that "it is not all rosy out there" (as we've...
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