Australia's largest stock trading and investment forum Australia's #1 stock forum

RBA Interest Rates to plummet early 2023, page-2319

First 2319 Last

Share
Profile

Follow
Joannie

12,316 Posts.

691

01/07/23

02:04

Post #: 68564488
Share

Originally posted by MasterStrategist: ↑

I think that was only for NSW, Joan. Nevertheless, the affect will come in a price rise for lower value homes, which will flow through to higher priced homes. A no win for inflation.
That aside, the economic dynamic of low housing supply alongside high demand will continue IMO, made worse by a lack of confidence in the building sector (builders going broke), high immigration and cashed up baby boomers. It will be interesting to see what (if anything) breaks this cycle. Mortgage rates of 10%/12% perhaps.

Expand

Yeah, I need to check that out, hang on.......can't find it just now. You may very well be correct.
I still personally think that house prices may crash in 6 months to 1 year.
Could be totally wrong of course, I often am.
2 Upvote

Reply

Top Stories

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

EEG

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

HotCopper Highlights: Your most watched stocks for Week 46, 2024

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

CLE

Cyclone signs MOU with Vale for development of Iron Bear play

CUF

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

IRX

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

GDM

Banshee's historic trenches prove rich in antimony and gold for GDM

First 2319 Last

SPONSORED BY