http://blog.corelogic.com.au/2014/12/current-growth-cycle-compare-2001-2004-boom/
I thought this was a very interesting article and worth comparing the numbers between this market and the last bull run.
Anyway, penny for all your thoughts? What can we learn…
BuyersAgent | Precium
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I think it can keep rising steadily, particularly if interest rates are cut early next year.
A whole new group of speculators and tyre-kickers who would be sidelined now are able to enter the market when rates drop meaningfully.
Can anyone point to a time when house prices have fallen WITHOUT interest rates rising first (i.e. while rates have been flat or falling)? I’d genuinely like to know if there has been a time like that in the last few decades.
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