RBA: What House Price - TopicsExpress



          

RBA: What House Price Bubble? tradethetape.au/rba-on-aussie-housing-what-bubble/ The RBA published some research on Aussie housing today - questioning whether it is better to buy or rent. From mine, it was a pretty average bit of research. Heres the thing: the main driver of house prices over the past 40 years has been credit. Supply and demand has played a minor role - but nothing against credit expansion. The question I have is whether credit is able to grow at the same magnitude and velocity? My argument is no - not when you consider the outlook for our growth and our national income.
Posted on: Tue, 15 Jul 2014 11:50:14 +0000

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