Good points Mongo, although if 0.25% effects run away house...

Good points Mongo, although if 0.25% effects run away house prices we are in big trouble. If a 0.25% interest rate hike on a mortgage put me in trouble now I shouldn't have the home loan anyway.

Killing off the first home owners grant would be a better way to manage the housing bubble imo. Back to the days when you actually have to save a deposit to prove to the bank you can afford the home loan in the first place should help make prices stable and realistic... but lets not get me started on real estate lol.

Fiddy while the trend is up, I'm with you on your skepticism of the current markets. I see no reason why we should be up here fundamentally. Australia at the moment is viewed by the world as a valuable hole in the ground with a housing bubble.