3 Mar 2020
Now it is official. Phillip Lowe from the Reserve Bank has stated these very low interest rates will be with us for some time. I, like most am not sure how this all ends.
Since the GFC any sign of weakness is followed by expansion of the money supply and a drop in rates. My training says this cannot last but some economists are now saying it can.
In the meantime there is a lot of money chasing a home and asset price increase. The best assets of course are real estate.