Hey guys,
Have got word that interest rates wont increase all that much. Not concrete but possibly. Probably .75% or something. If they were to go too high the depression would set in. Besides that everyone would be mega annoyed with the government. Just got the latest stats too about negatively geared properties. Mcfairlain notices that property prices are going up and more people are going into debt. To compensate for this, something has to come in to prevent the continual rise. Although the economy is good at the moment, housing prices will plateau of at some stage or another. They will still go up of course but at a slower rate than past years. This is not concrete information, but it is information that I picked up at a money seminar I recently went to. What do think about this?????
It wont ever go back to like it was in 87, wher it went up to 17%. []