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Ingredients for this recipe emerging at unbelievable speed. Before August we had tightening bias on interest rates, which stopped the boom from powering ahead. In September we switched to easing bias and now we have "cut and spend like mad" bias. Till yesterday media was sceptical at best...

Thanks BV, May I also share my observations. I monitor Sydney's North Shore. Before changes to FHOG were announced, properties on average were getting 30 hits a day on realestate.com Yesterday on vacant land hits increased to 300 a day (10 fold), on lower end properties to about 150 a day (5...

This is basics of the Aussie economy. Usually (but not in recent resource bubble years) GDP and "new house commencements" are tied together. If commencements go up, GDP follow it up within 3 months. If commencements go down GDP follows it down within three months. Property values will no...

Mate, it is overcomplicated to me. I am not that bright. First, can we agree that inflation is no longer worry. You can distrust me but you probably shall trust RBA, Treasury and Government who suddenly started to worry about deflation. They perhaps are better informed than us brought...

Really? In 1995 I have got my first mortgage at 9.4% pa. Before that rates were even higher. During 90s property prices came off merely 5% off boom peaks. There was no $21K FHOG There was no stamp duty treshold. There was oversupply of properties. Which rock you slept under?

Forget the myth of "inflation". It is not going to be in 3-5% band - guaranteed. Sharemarket falling, resource bubble dead, oil falling, drought about to break - there is nothing that underpins price growth any longer. Government and RBA are now worried about deflation. This is why RBA...