Quote:
Originally Posted by zilo
Some say the aussie bubble is a mirror of the japanese bubble in the 1990's...
Japan still hasn't recovered.
This is gunna be fun...ANZ lifted rates by 0.9% last week...the promise of things to come.
I certainly hope so, because so many rocket scientists need an attitude correction.
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There's a couple of feeds I follow on YouTube including Martin North from Digital Finance Analytics and IOTP. Great statistics and information about what the likely scenario is in Sydney, Melbourne and Brisbane once interest rates hit 5% plus soon. It'll be like watching a train crash in slow motion.
Plenty of bargains to be picked up in the next 18-24 months imo.