Join Australia's most dynamic and respected property investment community

auction results new record highs

Discussion in 'Property Market Economics' started by Elives, 28th Aug, 2015.

Tags:
  1. Elives

    Elives Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    532
    Location:
    Queensland
  2. Tekoz

    Tekoz Well-Known Member

    Joined:
    24th Jun, 2015
    Posts:
    1,244
    Location:
    Sydney
    Which means that people will still trust and confident that interest rate will be lowered down again this year thus pushing the property price up even more.

    This is due to Chinese central bank has already lowered their interest rate,
     
  3. Ouga

    Ouga Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    372
    Location:
    "Trying is the first step towards failure" Homer
    I think the Chinese bank thing you are referring to is speculation, at best.
    There are many factors at play here, too many to list in fact and too interlinked to reliably identify.