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Comment by Grimburger

> The reserve bank governor is deeply unpopular

Only 30% of people have mortgages, why should the remaining 70% care, many can even put money in savings accounts again after 15 years of them being basically worthless.

He never said interest rates wouldn't rise either, he basically said they don't forecast the conditions that warrant a rise won't happen until then.

Here's a pro-tip if you took on too much debt under the naive belief that 0.1% interest rates were the new norm, sell your overinflated assets and live debt free.

parent Grimburger 3 years ago

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