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einstein

8,557 Posts.

24/09/15

16:56

Post #: 16054244
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Originally posted by hawkers ↑

You underestimate the effect cutting rates will have on property. Sure it may not go up 20% but it will remain healthy and do the complete opposite of what the bears have been saying.

If you have a job and rates are so low why on earth would you sell your house, or as you say give it away for less than replacement value??

Unless there is a massive spike in unemployment property is going to be just fine.

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Agree ,but prices wont rise much more because of poor wage growth, and curbs on bank valuations. imo this is as good as it gets!!
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