So lets get this straight, the RBA removes housing/land from the CPI in the late 90s which naturally would have an upward effect on prices, but when house prices begin to fall housing bulls want IR to go with it. HOLD UP housing is not part of the CPI therefore should have absolutely zero bearing on housing going down.
All you rotten levereged up investors and agents its time to suffer the concequences of poor investment making.
People need to remember housing is for living and not for investment to be treated like a spec share (as been the case in the last 10 years) future generations will suffer if high house prices become the status que.
Just like the government can stop the import of bananas they can stop the investment on houses if thats what wins them votes
- Forums
- Property
- people crying to the rba/gov
people crying to the rba/gov
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online