Heard this a few times already.....can't see how though!Last...

Heard this a few times already.....can't see how though!

Last time we had rate cuts (during the GFC), both 1st time homes buyers and investors were buying property. This time it's different, only investors are taking advantage of the lower interest rates buying.

Rates are coming down for a reason...the health of our economy is pretty sick. With so many unemployed, China tapering down its resource consumption and our retail sector in a recession, a government with no funding to support businesses, I just cannot see enough catalysts to increase property prices apart from increased immigration.

Surely, house prices cannot continue to increase at these levels year after year.....at some point time people are going to get burnt badly.

If prices do increase....I will no doubt sell all my property and wait for a property bubble burst as I feel these prices are already unsustainable particularly in Sydney.