| 20.12.2012 - RBA governor plays down housing market concerns |
| RBA governor Glenn Stevens has played down concerns over house prices crashing, but has indicated the RBA would act if prices started rising by 10% to 20% per year alongside rising household debt levels. In a recent Property Observer article, Stevens urges Australians to be content with more modest increases in house prices, describing double-digit house price growth as both “puzzling and “troubling”...............................................Full Article: Source |