syd Mel housing boom, page-3

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.