All you sad people who voted Howard back in because you were dumb enough to believe his fiction about ‘keeping interest rates low’? They may still be in single figures, but they’ve just gone up. Read about it here and read more about it here and then go here…
This bodes not so well for selling our house…or maybe it does? People struggling to service a $300k mortgage might want to downgrade to a $200k one. [looks hopeful]
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Ren typed this on Mar 02 05 at 12:58 pmEXACTLY.
This is what I was saying to those dipshits who voted for him for THAT VERY REASON. The Reserve Bank has COMPLETE CONTROL over interest rates. Idiots. Seriously.
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