Posts Tagged interest rates

Mark Forytarz on interest rates

Interesting article in “The Age” today, many people are saying that housing affordability may be a distant dream for many Australians.

“Australians may have missed the affordable-housing boat, experts say, with the low interest rate environment that the nation’s central bank hoped would encourage a housing construction boom now a fading memory.”

Read the rest of the article here:
http://www.smh.com.au/business/rate-rises-sink-housing-affordability-hopes-20100407-rr3i.html

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