Should the Reserve Bank of Australia (RBA) raise interest rates to prevent a housing bubble?
In 2015, Treasury Secretary John Fraser warned that Australia’s largest cities were experiencing a housing bubble. He warned that the major cause of the bubble was low interest rates and access to easy financing for real estate loans. In 2016 the average price of a home in Sydney passed $1M. Former Prime Minister Tony Abbott argued that increasing house prices in cities were a sign that the economy was healthy.
42% Yes |
58% No |
42% Yes |
58% No |
See how support for each position on “Housing Bubble” has changed over time for 34.2k Australia voters.
Loading data...
Loading chart...
See how importance of “Housing Bubble” has changed over time for 34.2k Australia voters.
Loading data...
Loading chart...
Unique answers from Australia users whose views extended beyond the provided choices.
@8J887WK4yrs4Y
Don’t know enough about it to decide
@JoshLP19973mos3MO
Yes, but only after a temporary rental cap, so renters aren't the ones forced to pay for the increase.
@9G3HCKJ7mos7MO
We should strive towards easier access to finance for loans, and create legislation to prevent housing pricing from reaching exorbitant levels
@98WZG7L1yr1Y
Interest Rates should reflect econonmic health and spending and should not be used to control the property market. If property is unaffordable, then rent also rises. Shelter is a basic human right and should not be tampered with.
@98Q82ZJ1yr1Y
No, Government should instead remove negative gearing for rental properties and cap the amount of properties one can own.
@98572Z61yr1Y
Too late,housing bubble is here
Explore other topics that are important to Australia voters.