The reserve bank in its infinite wisdom have made this mistake in the past and end up chasing there own tail to keep things under control but alas each and every time fail. I just love the way the powers that be try to track and keep economies growing at a pace they think is correct.

The issue on hand now is that in one hand they gave first home buyers incentive to purchase and now there are more than 40% of those struggling to maintain mortgages with interest rate hikes since then.
This will mean in a short time from now that we may see a flood of low end properties dumped on the market as foreclosures start to occur.

Rental prices are set to inflate as investors try to correct any losses on property owned and cover overheads.

I wish you all the best with any property acquisitions that you have made and as always things are set to change.