RBA predicts rent and house costs spiral

By David Olsen · 11 March 2010 · Locked

Full details: RBA predicts rent and house costs spiral

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Summary

Reserve Bank of Australia assistant governor Philip Lowe has warned of a return to pre-GFC levels house cost spirals as the resources sector grows. RBA assistant governor Philip Lowe warned a conference in Sydney that over “the next couple of years” capacity constraints were looming, especially as the resource sector returns to pre-GFC levels of […]

Tags: GFC, House Prices, Interest Rates, monetary policy, Rba, Rent