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    Predicting interest rates - disspelling myths.

    Sydney CBD: http://sqmresearch.com.au/graphs/graph_vacancy.php?region=nsw%3A%3ASydney+CBD&t=1 One can always find places that still have a relatively low vacancy rate to "justify" what they "want to" believe. But The overall trend is obvious. Seasonally adjusted, Nov. should usually be a dip...
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    Predicting interest rates - disspelling myths.

    If you think immigrants in Australia won't leave, you would be wrong. Already, we have seen many relatively new immigrates have a sting stay (1 month) just to "activate" their permanent residence visa. These people still have a very good professional job back in their country but find it...
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    Predicting interest rates - disspelling myths.

    That is why I say most people have "confirmation bias". Depending on which figure you look at, Australia could be in severe oversupply (ABS census data) or undersupply (bank/property insitute fake economic analysis or population data in just the past 2 years when population data temporarily...
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    Predicting interest rates - disspelling myths.

    Essence, I don't think I misunderstood you. 1. Your whole argument is about what monetary policy (IR)"should" be and I said monetary policy is mostly irrelevant during a balance sheet recession. 2. And we will definitely see IR going back to above 5% in 5-6 years after the balance sheet has...
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    Predicting interest rates - disspelling myths.

    I think your analysis is completely off the mark. We are not in any recession but a "balance sheet recession" in which monetary policy will not be effective at all. Meaning even "zero" interests will not pump up further borrowing because companies (technically insolvent but still has cash...
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