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Yeah you're right, but my rationale is that the economy isn't doing as well as people think it is. Business is still down, unemployment is still a bit higher than normal and these are the sorts of metrics that will dictate upper market property prices. IR rising from emergency levels isn't a...

I've seen prices rise quite decently in certain parts of the inner west over the last 8-9 months. So, my guess would be that those who over-committed themselves to get into the market at higher prices will be those who may be forced to sell in the next 6 months when IRs hit around 3.75 - 4.00%...