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Reply: 1.1.1.1.1 From: Sim' Hampel On 5/8/02 5:58:00 PM, Nigel W wrote: > >Sim, it's a combo of my gut feel and >some back of the envelope maths... :^) Fair enough... good argument, I would tend to agree with you about the $100pw figure... that's more than most people I know have as spare...

Reply: 1.1.1 From: Sim' Hampel On 5/8/02 2:47:00 PM, Nigel W wrote: > >The contrast I was trying to put across >is that the Melbourne and Sydney markets >ARE still very HOT (ie an inferno) and >this minor increase in the cost of >finance is not going to slow the >property market (nor probably...

Reply: 3.2 From: Sim' Hampel On 5/8/02 2:11:00 PM, Peter Davidson wrote: >.25%, is the RBA serious. >This will do nothing but push >the demand for houses up, >before interest rates go up >even further. Peter, do you really think that people will buy now "before interest rates go up even...

Reply: 1 From: Sim' Hampel On 5/8/02 10:55:00 AM, Nigel W wrote: >The RBA raised the cash rate >today by .25% to 4.5%. > >Is this akin to trying to put >out a raging inferno with a >garden hose? What inferno ? The rate rise was designed to increase the cost of finance in order to keep the...