Do the bulls even know that the reason our dollar is so high is because the Fed in the US has theirs at 0% which makes ours look better to investors?
only reason Fed has it at 0% is because of QE, which is only a temp measure and they are already talking about turning it off.. That means the fed will up its cash rate which will make our dollar plummet back to normal levels..
And what is our RBA itching to do because people are borrowing too much? up our cash rate!
how is the game going to change with a 2% or 3% home loan rise ? house prices were falling when it was at 8% with everyone screaming about mortgage pain, but house's were cheaper in 2006
Anyone who thinks their house prices and rents are going to keep going up have no idea on simple basic economics
