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House prices projected to jump 30% in three years: RBA

It’s the document that was never meant to see the light of day. But a Freedom of Information request reveals the Reserve Bank of Australia projects a 30% increase in house prices if interest rates remain low for the next few years. The internal, not-meant-for-public-viewing analysis by the RBA looks at the impact of low interest rates on asset prices, including property. The November 2020 document projects that housing prices could increase by 30% after about three years, so long…...
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