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Old 14-12-2021, 09:41 AM   #1809
hackney
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Join Date: Sep 2014
Location: A.C.T
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Default Re: Australia housing bubble

Once rates start to go up(& they will) a lot of people are going to get burnt.Money is cheap @ the moment.All these ‘Mcmansions’ with huge mortgages,people are going to be in for a world of pain.The first things to go?All the ‘toys’ they have purchased from their redraws.This is not going to end well,to many people living way beyond their means.
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