Property analyst warns of 'panicky selling' as RBA pushes interest rates past breaking point
www.abc.net.au
Interest rates climb above 4 per cent for the first time in more than 11 years, as the Reserve Bank moves aggressively to clamp down on inflation.

Who else is having their mortgage fecked by interest rates at the moment.

  • Designate@lemmy.mlOP
    2·
    1 year ago

    Yeah i was hearing that a couple of days ago. Who the fuck is cashed up enough for that …

    Ohhhhhhh thats right… Investors …

    • 🦘min0nim🦘@aussie.zone
      1·
      1 year ago

      It was likely a lot of oldies who were still exiting the cities - selling their mortgage free homes and buying with the cash in the burbs & regions.