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I sorta think likewise Freckle

Looks like more news in the media for interest rate cuts

That's the thing, will we have such a high number of distressed sellers? I would think a massive rise in unemployment could be the only trigger. If people still have jobs and interest rates go lower, servicing debt gets easier.

How will this affect the residential property market in Australia specifically? For the approx 70% of owners who are using thier home as shelter, how will it affect them. And for the approx 30% that are owned by landlords, what's ahead?

Okay so for the last 60 years property prices in australia have continued to rise along with wages and rents and inflation....it's boring, but that's how it works, it's not idiot proof, it's hard to get a quick return if you pay too much in the first place, but as a long term simple asset class...

I think, and I am generalising, that people who come to this forum are trying to just simply do more than "just the average". I started investing in property originally as I saw it as a simple, fairly stable asset class to invest in for the long term. I came to this forum as I wanted to...

I am thinking the same, what was it that was so bad about the decision to remove it that it was reinstated so quickly? Honest question, if it wasnt rents increasing, what actually made the government think "well that was a bad idea, lets change it back"??