interest rates down over the next 12 months?, page-42

kak,

People expect property to rise because it has. Before the SHTF in the early stages of the GFC property prices started to drop. Then Rudd and the RBA went to work to prevent them from collapsing. They went too far and actually helped spark a bit of a boom.

So the average punter thinks: wow, if Aussie house prices only boom during the World's great financial crisis: how can they ever drop?

- pug