30.03.2010 - Australia: Property boom a risk for investors: RBA chief
From Smh.com.au: Reserve Bank governor Glenn Stevens has taken to television to send a message to Australia's mum-and-dad investors: real estate investment is dangerous and interest rates are going up. Asking his audience on Channel Seven's Sunrise program to ''think about property prices as parents'', he said prices were ''getting quite high'' and that if they kept rising, today's children might not be able to afford ''somewhere of their own to live''.....................................Full Article: Source
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