With the economy stalling and our hapless government touting it as fantastic, many are concerned about whats next for the property market.
While property investors like the idea of falling interest rates, all those retired with their income coming from cash and term deposits it may seem like a cruel injustice to bring the rates down to help out the struggling retail sector and middle class. Its a hard balance to achieve however interest rates are also a measure on how the economy is going. If they are dropping, its usually a sign of the reserve bank to boost the bottom line and relieve homeowners of the almighty mortgage repayment burden Whats next is hard to say however it clear we are in a slow time in the cycle
While property investors like the idea of falling interest rates, all those retired with their income coming from cash and term deposits it may seem like a cruel injustice to bring the rates down to help out the struggling retail sector and middle class. Its a hard balance to achieve however interest rates are also a measure on how the economy is going. If they are dropping, its usually a sign of the reserve bank to boost the bottom line and relieve homeowners of the almighty mortgage repayment burden Whats next is hard to say however it clear we are in a slow time in the cycle
