Just wonder whether this is not just one-off shoot from banks/ARPA: 1. a 0.29 rate hike will not cool down the hot market or deter investors in general - No effect on “rich”, as they are mostly bullet-proof - No effect on “poor”, as they are unable to get a loan anyway - Some effect on “middle class”, especially, who borrowed to ceiling, such as teachers, taxi drivers etc. 2. Will ARPA enforce 80% LVR for all investment loans soon, if this shoot is not effective? or something tougher? 3. Psychologically, some investors might think twice for next purchase, given these uncertainties. 4. House price in some regions might be more or less affected? Such as Brisbane? Will not expect a fast growth in a short time frame? Or party time is almost over?