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  1. Shadow

    Government to act as Housing affordability becomes major election issue

    In the UK they had the HomeBuy Direct and Kickstart initiatives, and many people on variable rates or tracker rates had their home loan rates drop to zero percent, or in some cases the banks even paid interest to the borrower! In the US they did this...
  2. Shadow

    Government to act as Housing affordability becomes major election issue

    100% loans are still available. 105% is still available. The GFC is in the past (as far as Australia is concerned). I would expect rents to have fallen or stagnated last year, since a large number of renters became first home buyers. I don't believe there is a bubble in Australia. If...
  3. Shadow

    Government to act as Housing affordability becomes major election issue

    I'm not claiming 'victory'. This isn't a war. I merely pointed out that the gloomers have been predicting an imminent crash for many years, and they have been incorrect. You know as well as I do that the forum in question no longer exists and can't be mentioned here. I'm sure you will also...
  4. Shadow

    Government to act as Housing affordability becomes major election issue

    Not sure what your point is. The gloomers said prices would crash. I (and other bulls) said prices wouldn't crash because the fundamentals were strong and the government and RBA would implement fiscal and monetary stimulus. The gloomers said that didn't matter, because prices would still crash...
  5. Shadow

    Government to act as Housing affordability becomes major election issue

    Gloomers have been telling me this since 2007. I'm glad I didn't follow their advice.
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