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Rents will rise I have been thinking & posting that around 8 % is likely. This from The Age today: http://www.theage.com.au/national/home-rates-to-hit-85-20091208-khmz.html?autostart=1 Time to be vigilent with rent rises folks ;)

Bring on the rent rises As Jupiter, Saturn, Mercury and Venus enter my House of Wealth, my crystal ball is prognositcating that rents shal rise concomitantly with interest rates :p :D

Good point Rob and nice thread Sash. That competition is likely to get worse as more mortgage re-sets ensue from the US. They are not the high propertion of toxic NINJA loans with the sub-prime fiasco, however there are already defaults in this softer ARM sector. This will likely affect...