- 19 April 2015
The RBA have done it again!
After yet another month of indecision it’s clear that the RBA have cemented their heads firmly in the sand. Briefly, here’s my analysis of why their interest rate strategy is NOT working…
I'm Kevin Young and I'm not happy. RBA are at it again. They raised rates when we had 4.3% unemployment and they killed it. It went up 50%, so we're now sitting on 6.5. What are they doing now to the construction industry? They said, "We need construction to replace the jobs lost in the mining sector." That happened. Investors flooded into the market to take them up on their offer. Whoa! They've changed their mind now, too many investors who are mum and dad's. They completely are ignorant of the fact that mum and dad's buy only completed stock, not off the ground.
What's going to happen if you're a builder? You're not going to build your next building, are you? You're not going to employ more people. Property prices are going to go up because of the banana story.
Related Posts
The Property Pulse: Which Markets Are Beating Strongest This Year
Stand at a Saturday open home in Adelaide or Perth right now and you will feel the energy. Crowds aren’t just curious buyers. They are a reflection of something bigger, the shifting balance of economic strength across the country. The latest State of the States report makes one thing clear: performance isn’t even....
The Suburb Lines That Make or Break Property Prices
On a Saturday morning in Brisbane’s leafy inner-west, you can see the quiet theatre of Australian property ambition. Parents with clipboards trail real estate agents from one open home to the next, whispering about “catchments” like they’re trading inside information. They’re not just buying a home. They’re buying a...
Real Investors Don’t Rely on Realestate.com.au
Every day, thousands of Australians scroll through realestate.com.au thinking they are researching property. And while the platform is excellent for browsing and comparing, it is not where professional investors are finding their best deals. In fact, if it is on a public portal, it is already being sold to the...