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16/06/22

20:51

Post #: 62044117
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Originally posted by Go Hard ↑

That's right.... Also supply vs demand...demand is alot higher...there is a shortage of housing in this country and elsewhere...so it doesn't matter...demand is greater than supply...end of story... atm we have negative interest rates as inflation is higher....interest rate need to be higher than the inflation rate to control inflation...untill then
We are dealing with negative interest rates...hello

Eg: inflation is at 5%
Interest rates is at 1%
we are negative 4%

so interest rates need to be higher than inflation rate (5%)....eg 7% interest rate....

To bring down inflation...

Until then property will have higher highs....!

Long live the BULL.....

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Demand is a lot lower than what appears
Australia has always had a lot of empty and part used housing, which in time of stress or change soaks up the published shortage
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