Yes, interest rates in the short term have a stable bias to...

Yes, interest rates in the short term have a stable bias to them..this is also the case in the medium term (<5 years)...but in the long term there's only one direction....UP.

There's a natural floor at 0% ---in practical terms this flor lies at 1.5/2%. The cash rate in Australia atm is around 4% (i think...)

Additionally, interest rates are not the only negative... as another poster has already pointed out above, job security is essential for the the health of the housing market.

Have a look at the share prices of the banks and other big blue chips...what message do you think they're conveying about future economic health in Australia?..!

All factors of significance are pointing to big risks in the housing market going forward.

They're there for all to see...if only they'd look.