tag:blogger.com,1999:blog-2831755574880155421.post3861655498460855122..comments2023-05-01T00:33:18.258-07:00Comments on Stephen Koukoulas: The no brainer - the RBA cuts 25 basis points to 4.25%Stephen Koukoulashttp://www.blogger.com/profile/08403788361480841035noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2831755574880155421.post-68961615430309229782011-12-05T20:54:03.277-08:002011-12-05T20:54:03.277-08:00Excellent analysis. The property doomsayers in the...Excellent analysis. The property doomsayers in the media these days don't have a great record, Dent, Keen, Grantham, or anyone predicting massive house price falls for Australia. They've been wrong forever!<br /><br />Interest rates are being slashed just like they were slashed last time Keen and his gloomy mates were warning about the impending 40% crash scenario for the great Aussie real estate 'bubble'.<br /><br />The RBA listened, slashed interest rates, govt handed out the stimulus, and the 'crash' was averted. It was obvious this was going to happen last time, and it will happen again this time. My advice is read up on sites like the <a href="http://australianpropertyforum.com/forum/3210735" rel="nofollow">Zetaboards Australian Property Forum</a> if you want to know whats really going on. The bears are growing desperate and the bulls are growing confident! <br /><br />Once interest rates fall we'll see the real direction of property prices. In the meantime don't pay too much attention to the attention seeking doomsayers.<br /><br />The Aussie RE sector has strong fundamentals unlike most of the other countries those gloom-mongerers compare us to!Andershttps://www.blogger.com/profile/02469711057920894122noreply@blogger.com