Monthly Archive for: ‘February, 2010’
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RBA on housing: told you so | House prices | Interest rates
Today’s ABS score of the average established house in the state capitals jumping 5.2 per cent in the December quarter and 13.6 per cent over 2009 will do as an illustration. And remember that the best of the first-home buyer incentives were already washing out …
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Are we experiencing a housing bubble?
Here’s something I just found on Crikey. The report says that, despite a slow down in first home buyer activity, Australia’s property prices are too high. The author wants a 0.5% increase in interest rates tomorrow. Australia is in the middle of an emerging bubble …
