Thursday, February 4, 2010
Forty one per cent of investors believe the RBA should always use interest rates to prevent bubbles
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.