Big migration numbers to Sydney and Melbourne kept the bubble floating along and the low interest rates is just one of the solutions to stop the bubble deflating badly. That is why they are stealing the savers deposits through low rates. I pity those savers who scrimps and saves as they are too scared of other investments. Now they must eat into their saved capital. They have been torched in the effort to minimize the damage of a deflating bubble. These savers must be dearly tempted to **le on other investments to get a return on their money. Money in the bank is like dead money.
- Forums
- Property
- Real estate agents starting to go bust
Big migration numbers to Sydney and Melbourne kept the bubble...
- There are more pages in this discussion • 90 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
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online