Business
Is the RBA inflating a property price bubble? – The Australian Financial Review
A growing gap between residential property prices and rents could mean the RBA’s unprecedented rate cuts and expected quantitative easing are laying the groundwork…
At the same time, residential property prices are on the rise. They have been growing in most capital cities (except Sydney and Melbourne) despite the COVID-19 hit.
When CoreLogic reports its house price index this Sunday it will show combined capital city prices will have actually risen in October for the first time since April.
Some commentators such as AFR Weekend’s Christopher Joye say prices are about to jump 20 per cent.
More record monetary easing from the Reserve Bank is pushing billions…
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