Agree with everything said, I wonder when government / RBA / APRA will step in any any point as can see it getting out of hand…..the loans people...
I think a lot of the negatives are still relevant, but with the level of government support via cheap funding/QE, RBA stressing low rates for...
Agree. If the lies could be weeded out, would make for a more honest price discovery. You often feel like you are being deceived by clearly...
I see the slow slide starting to gain a little bit of momentum, there are still pockets where good prices are achieved but in general those that...
I haven’t had a look at the rental market in a about a month or so, but looks like its fallen off a cliff. A decent 30-40% reduction in prices, I...
Don’t disagree with you there with the “whatever it takes” - I didn’t realise Suncorp issued recently, I do know covered bonds usually command...
Yes BBSW is low but what sort of margins above BBSW will banks be able to secure long term funding when they eventually have to roll over their...
Most people who are not fearful don’t understand the extent of the position we are in. All our “growth” has been fuelled by cheap debt - money...
I was planning to, but now I think it is unlikely as prices are not adjusting to the levels I believe they should be and where I think they will...
Haha you have convinced me, seems like a great time! Record low interest rates, not much competition, government stimulus - get in now before the...
Absolutely. If it was pure market forces this debt bubble would have popped and it would be an absolute bloodbath. The only problem I have with...
I think there is going to have to be a lot more government stimulus/support/intervention across all facets of business/lending to stop this from...
My biggest concern with what is happening now is within what you mention. Interest rates are not being used as a measure of risk. Governments...
Closed for borrowing might be a bit extreme, but who knows, I can see a certainly see few in a bit of trouble needing to take that stance.
If you told the bank the full story, they wouldn’t give you the lower rate as loan purpose would be investor loan. No doubt not all banks will...
Agreed. Occupation and job security are going to be looked at a lot closer than they were at the start of the year. Valuation is going to be an...
I had agents call me during the week trying to convince me that they had to revise the price up. I nearly laughed out loud. It’s ridiculous.
Panic buying and panic selling happening as no one know how long this will go on for. No western country has overcome this yet. Article below...
Thanks!
Agree. In the short term I can see prices still creeping up based on the lack of macro understanding of what is going on........but if any of the...
Separate names with a comma.