Re: Australia housing bubble
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Quote:
Originally Posted by snap0964
I'd say for the next year to 18mths, I doubt they'll be much of any rate rises by the RBA. More likely the banks will raise rates independently.
Cash rates are pretty ordinary as we know - you'd be better off investigating putting the money into indirectly investing in developments, real estate projects, etc, much better return, but there are risks as well of course as usual.
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Yep. I expect there will be little or no return from simply buying and holding real estate without any improvements over the next few years, particularly in Sydney and Melbourne. The money will be in developments, knock down and rebuilds with higher density (villas, duplex's etc)
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