Thursday, February 4, 2010

Forty one per cent of investors believe the RBA should always use interest rates to prevent bubbles

Bubble trouble for the RBA

When the Investor Pulse panel was asked if they thought such forces had already created an Australian housing bubble, 47 per cent agreed. Of these, 83 per cent believe the RBA should continue to raise interest rates to prevent the bubble from growing further. A small minority wanted the RBA to burst a house price bubble. But 43 per cent did not consider house prices at bubble levels.

Posted by depressed @ 05:30 AM (555 views)
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One thought on “Forty one per cent of investors believe the RBA should always use interest rates to prevent bubbles

  • Whats happening in this world. A house is no longer a roof over your head but an investment. As a citizen of both Australia and Britain I cant believe that Australians are being robbed of their right to own a home becuase the gov allow foreigners to snap up properties, while hard working Aussies are left to only dream. To top it off the gov will raise int rates and again the citizens will suffer and be even further away from home ownershi, while foreigners can still snap up large chunks of the Australian dream.

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