Money has never been cheaper and prices still look set for a fall, we do indeed live in amazing times, the correction we had to have might turn into a crash after all. Low credit growth, wages growth is contracting, rising inflation, rising unemployment, this is shaping up as worse than the GFC for us. Lets do what China did and just build a heap of vacant units. I dont think any of them know what to do.
I do however admire your ability to interpret that RBA comment as a positive for real estate.
