Mickygreen, I am going off the stats.You are correct that the...

  1. 3,091 Posts.
    Mickygreen, I am going off the stats.

    You are correct that the FHB has increased although 2% less than forecast. Investment loans fell 2.8%.

    So it is safe to say that the FHBs are the market ATM while this boost is in place for another 3 months. After all the FHBs have brought their purchase decision forward where is the demand going to come from?

    http://business.theage.com.au/business/home-loan-hopes-fall-short-20090408-a070.html

    As for rents, they fell by around three quarters of a per cent in March. So they have topped out to by the looks as you would expect with rising unemployment and reduced capacity to pay.

    http://news.smh.com.au/breaking-news-business/inflation-gauge-down-01-per-cent-20090406-9tvu.html




 
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