.."these days there are no property bears in USA, UK, Ireland.."
Sounds just like the sentiment in those nations during the peak of house prices some 6 years ago. Similar complacency may lead to the next wave down in house prices.
And that's when Australia's own debt deflation would intensify forcing the RBA to slash rates all the way down towards 0% as they chase the market, and follow the world's major central banks, on a deflationary spiral.
- Forums
- Property
- pretty young thing at the bank.
pretty young thing at the bank., page-45
-
- There are more pages in this discussion • 38 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
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online