From: Always Learning
Quick question?
<p>
Melbourne and Sydney markets have shown strong capital growth over the last few years. However housing affordability has been little affected (or gone down) despite this due to the downward trend in interests rates. At this point am I making sense? Are my assumptions reasonable?
<p>
Now here's my question: I don't know the figures, but has anyone got any numbers, or would like to guess on the issue of "what-if" or should I say "what-when" interest rates return to the 8 or 9% level. Can prices/values be supported (Melbourne, Sydney) by the general population when interest rates move up from there current historical lows?
<p>
<table border="0" cellpadding="0" cellspacing="0" >
<tr>
<td rowspan="4">
</td>
<td colspan="2" align="center">
<p align="left"> Investment Laws</td>
</tr>
<tr>
<td align="right" >1st Law:</td>
<td>"Whatever you don't invest you forfeit."</td>
</tr>
<tr>
<td align="right">2nd Law:</td>
<td>"Whatever you reap is what you've sown"</td>
</tr>
<tr>
<td> </td>
<td><p align="right">Jim Rohn;</td>
</tr>
</table>
Quick question?
<p>
Melbourne and Sydney markets have shown strong capital growth over the last few years. However housing affordability has been little affected (or gone down) despite this due to the downward trend in interests rates. At this point am I making sense? Are my assumptions reasonable?
<p>
Now here's my question: I don't know the figures, but has anyone got any numbers, or would like to guess on the issue of "what-if" or should I say "what-when" interest rates return to the 8 or 9% level. Can prices/values be supported (Melbourne, Sydney) by the general population when interest rates move up from there current historical lows?
<p>
<table border="0" cellpadding="0" cellspacing="0" >
<tr>
<td rowspan="4">
</td>
<td colspan="2" align="center">
<p align="left"> Investment Laws</td>
</tr>
<tr>
<td align="right" >1st Law:</td>
<td>"Whatever you don't invest you forfeit."</td>
</tr>
<tr>
<td align="right">2nd Law:</td>
<td>"Whatever you reap is what you've sown"</td>
</tr>
<tr>
<td> </td>
<td><p align="right">Jim Rohn;</td>
</tr>
</table>
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