mark bouris highlights the unspoken fears, page-16

  1. 17,233 Posts.
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    If they fixed 3 years ago....

    "most" property has gone up say 20-30% minimum over this period....will well and truly cover the higher interest payments if needed.

    BTW....... the reserve bank has left rates on hold for the 4th time in a row.

    So much for higher interest rates.

    1/3 of a year without a rate rise........nice time to be buying from the restless imo.

    Doomsdayers are waiting for 11% rates and 50% price reductions......lol......keep waiting.



 
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