@Kev19081874 @cpbaken @bowtiedstocks@TheGladiatorHC Because no rational basis for decision making that will drive a gradual correction. People use credit to buy simply because they believe prices will keep going up - if there’s a sustained fall in prices it will lead to a complete destruction of confidence
@cpbaken @Kev19081874@bowtiedstocks@TheGladiatorHC It might take the property market to crash to say afterwards that (insert policy framework/valuation/debt metrics) were clear signals that prices were not sustainable
@TMFScottP The ALP performed well in electorates where they campaigned. The Coalition on the other hand failed to allocate resources to certain areas. Turns out, voters prefer attention.