"RBA: Immigration is too hot right now!"

See more on the latest episode of Property Insights - watch the full episode here: yhomeloans.com...
Is the Reserve Bank of Australia conditioning the market? 🤔 In this video, we analyae recent statements from the RBA governor and discuss the role of their new media advisor.
Plus, we delve into the impact of immigration on the Australian economy and the ongoing debate surrounding optimal immigration levels.
Join us for an insightful discussion on the state of the economy and what it means for interest rates. #RBA #economy #interestrates #immigration #economicanalysis
(Recorded prior to 5th December RBA announcement).
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Yellow Brick Road was founded by Mark Bouris to help Australians on the road to their hopes and dreams. We offer competitive rates, an all-encompassing portfolio of mortgage broking services and a network of trusted home loan experts all over Australia. For more information, visit www.ybr.com.au or call 1800 927 927.
#rba #markbouris #yellowbrickroad

[@franknirvana1]

if you look at the USA they have a ton of loans out on very low interest rates locked in for the life of the loan. They have to cut the rates because the property market has very little inventory and there is no movement. People will not sell and buy when the rates are at 7% when they have a 2% loan. They are trying to stimulate a flow again by lowering the rate to encourage movement in the market again. In Australia we dont have that problem as such because our interest rates keep changing on our loans and they have greater control over us in that respect

[@novoca1n3]

Australian banks also don't offer long-term fixed rates like other countries. Our housing market cannot be compared to the USA etc

[@franknirvana1]

not a comparison but a reasoning
@@novoca1n3

[@novoca1n3]

There's nothing wrong with immigration if it's at the appropriate levels. Our current levels are excessive and need to be cut by at least 80% or put on hold for a year or two

[@tonechowdhury3739]

Migration = house price 🚀🚀🚀🚀🚀🚀🚀🚀

[@ianfrost1419]

OMG, I can't believe that your following in YT is way too low Mark.
I guess that common sense doesn't registers in AI ALGORITHMS.
Keep up it up please Mark 🙏

[@sanctuaryplace]

I love how our rulers speak in cryptic messages , 🐍

[@jamesduff6937]

Why is Denmark sending immigrants back home?

[@DontForgetOldKolobok]

It's all fun and games until we run out of uber drivers