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14/02/20

21:22

Post #: 42945516
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Originally posted by avagadro: ↑

The only thing that can save us is higher property prices. It's what we all want and need to see right now in times of bad news. The government and RBA have become to pre-occupied with other negatives in the economy, they need to get back to what works, turbo-charging the housing market. If we can hit the 20% target then we should hopefully see a whole new wave of buying from existing multi property investors who are in a much better financial position to own land in Australia then high-risk and unreliable first home buyers.

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How can higher prices of anything save us ? higher prices of everything means inflation - do we really want that ?

I know that my ''in their 30's kids'' and all their mates want housing prices to collapse. The problem with the current Oz. property scenario is that ''people (and governments I might add) have no fear of debt when interest rates are low''
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