when rates rise again property will slump, page-59

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    giday passive 1

    i will disagree with you on that one,

    no it wont,

    just because the interest rates are going up, does NOT mean the economy is picking up,

    what it specifically means is that the RBA wants to contain the inflation rate,

    in other words it wants to slow things down a little because house prices etc are increasing out of control to the point were well have another 2007/08 again,

    just remember,

    the people that have still got their house when they bought in 2007/08, still haven't made any money and still don't have any equity in their property, even 5 years later,

    just my opinion, im not here to shoot you down :)

    all good.

 
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