Aussie house prices: RBA speech fuels confusion about whether prices will increase or drop – NEWS.com.au

Is Australian housing going up or down? The big problem with the housing market right now is that even the Reserve Bank doesnt seem to know.The RBA is in charge of interest rates and they are supposed to keep a handle on unsustainable debt. But they seem unsure or even in denial about what’s happening in Australian housing right now.
The RBA Governor fronted up at Australia’s Parliament House during the week and responded to questions from the economics committee. What was going to happen with housing,…

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