Wednesday, November 8, 2006

3rd rate rise in a year is hitting hard

Higher interest rates starting to bite: Reserve Bank

Main headline news in Oz today. This is hitting hard from the country to the inner suburbs. Apart from Western Australia which is experiencing a resources boom, Australian real estate has, at best, been flat for a few years and in many incidents fallen substantially. These falls are likely to widen to more areas......UK this could be you?

Posted by geed @ 09:47 AM (406 views)
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