If you are interested by the property topic, I have been contributing quite a lot recently to discussions in the "property" threads. I am trying to be as objective as possible, gathering elements to better understand both supply and demand, in this market.
I agree the fixed rate cliff is a major element. It seems that this risk has been exaggerated based on all the evidence we have so far. We should have a definitive answer by the end of this quarter, as many more fixed rate mortgages mature (vs previous quarter).
As usual, probably best to go to a few auctions to make your own opinion. I did that this WE and was quite surprised.
