If the effect is to lower house prices I for one would say good...

  1. 718 Posts.
    If the effect is to lower house prices I for one would say good - about time.

    Australian house prices have been inflated for years and have increased at unreal and unsustainable levels.

    We should see a drop more in line with the US which would be more sustainable and more realistic.

    GET DOWN I say.
 
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