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    Westpac MD Gail Kelly says compound growth in house prices are over for good!

    Hi Bayview Yes I've seen similar things happen as well around the same time. But apart from the "one industry" towns, have any brokers seen any evidence of Westpac doing this stuff recently? Genuinely interested to know... otherwise it's just jawboning IMO. But perhaps it's a sign they may...
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    Westpac MD Gail Kelly says compound growth in house prices are over for good!

    She never actually said whether she expects values to fall or rents to rise. If it's the former why is she still lending for housing? I can only therefore conclude it's the latter... And never ever ever is a very long time. While I respect her opinion, particularly in the short to medium...
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