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Interest rates cannot go higher unless we have a strong and healthy economy. considering property is currently the most productive industry in Australia are there any other industries that can get us out of the doldrums anytime soon? Not in my opinion. Some interesting article's re negative...

Not at all. My point was to chompa who has no idea that just because interest rates will go up that doesnt mean we will see a mass exodus. Thats just hysteria caused by the media.

Seriously esh what does that have to do with anything? Must be a local from mt druitt !!

so what happens when everyone sells and start renting? Rents go through the roof! So then they cant afford to buy or rent? Gee we are going to have a big homeless issue ay lol wake up bro

Chompa where is all the money coming from to buy all these properties and push up the price?????? Do you think the chinese care about interest rates?

Chompa where did you think these people are going to live if they sell? In a few years wages would have increased and their principal would have decreased. It's unlikely that people will simply sell when their fixed rates expire!