Even the PM admits RATES WILL RISE

Discussion in 'Property Market Economics' started by DowntownBlock, 20th Jul, 2017.

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  1. Wiz of Aus

    Wiz of Aus Active Member

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    Has to be close to bottom of cycle but who could be sure...
     
  2. DowntownBlock

    DowntownBlock Well-Known Member

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    In the USA they have been talking about interest rates being at 5000yr lows (using references to positive interest rates from historical texts) for about a year now... :)
     
  3. DowntownBlock

    DowntownBlock Well-Known Member

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    Antoni0, Jasper and Wiz of Aus like this.
  4. dabbler

    dabbler Well-Known Member

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    Course they do, some are members, I even think people use our own info against us I have advocated for a while for some parts of site be members only.
     
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  5. TMNT

    TMNT Well-Known Member

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    I saw the title and thought "pfffft.. Property manager giving tips on rates. What a joke"
     
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  6. JamesP

    JamesP Well-Known Member

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    Everything will be ok as Keating will buy the banks back for us.

    It's amazing. I could've never imagined the banks out of all the ethical corporations lowering rates to 40 year lows, and then raising them again independent of the RBA only once getting everyone hooked. It's like the ultimate scam and it's hilarious.

    Rates went downy, house prices went uppey. Everyone buying properties that went uppey paid for that difference with equity/credit. The banks needed us to enslave millions into debt. The more we charge for properties the more credit people require. Banks don't care as we are a means for them to create loans.Thanks banks.

    I'm looking forward to the part where said banks try to reclaim finance/security from those who have set their finance up correctly :)
     
    Last edited: 23rd Jul, 2017
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