Tag: housing-affordability

There is so much media melodrama about housing bubbles, busts and booms that it’s hard for the average investor to know what’s really going on. Are house prices really unaffordable? Will there be a decline in prices? Perhaps the best way is to ignore the sensational words and concentrate on some good old “facts and...

The RBA in its quarterly policy statement released last week shared some of their thoughts with us all. Would you believe they are downgrading both their growth and inflation forecasts, but are still quibbling about dropping interest rates. GDP expectations for next year are just 2.25%, and I expect that is rather...