LOL, you guys are hilarious, this latest boost in the FHOG has...

  1. 3,091 Posts.
    LOL, you guys are hilarious, this latest boost in the FHOG has effectively propped up house values by 5%. FHB numbers have increased 10,000% since October, they are the market ATM.

    This has brought forward the purchasing decision of about 2 years worth of FHB. What do you think will happen after June 30 when there is no more market? Yes, it is a dead cat bounce.

    Also, the RBA even concedes this is the case....

    Reserve Bank warns of homeowner grant-led spike to house prices

    If you were smart you would sell on this last rally.
 
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