Should the government raise interest rates to prevent a housing bubble?

Yes, but only after a temporary rental cap, so renters aren't the ones forced to pay for the increase.

We should strive towards easier access to finance for loans, and create legislation to prevent housing pricing from reaching exorbitant levels

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.

No, Government should instead remove negative gearing for rental properties and cap the amount of properties one can own.

Too late,housing bubble is here

Limit houses to one per person

I hope the bubble bursts

No. Interest rate raises affects the working class, not investors. People should be limited to one investment property.

Interest rate raises affects the working class, not investors. People should be limited to one investment property.

No, there are other ways to lower house prices such as purchasing limits for buyers

No, housing affordability should be addressed another way.

rate fluctuations are designed and implemented to assist investors with large cash reserves ,it's a scam

No, Australians are struggling already with COVID and other employment issues

Don’t know enough Economics to have an informed opinion

Interest rate need to remain neutral of government interference.

No they should lower interest rates and cap them for first home buyers and not let immigrants buy

they should lower interest rates and cap them for first home buyers and not let immigrants buy

No, the housing bubble could be prevented by reducing negative-gearing incentives, stopping or limiting foreign investment of housing and reducing other incentives for investment properties.

Should never have allowed it in the first place

Fiat currency is doomed

Irrelevant to me as I will never get a loan. Or a house.

Abolish the rba

No, but they should be raised for only those who own more than one property.

They should remain independent

Home loans on your first home should be set on a low interest rate for the length of your loan like my parents in the 50-70… this allows families to budget properly.. should be a limit to cost of home and obviously not for investment or negatively geared properties.. given problems are caused more from company inc. Banks huge profits and huge tax minimisation

No, as interest rate hikes only lead to worse housing bubbles and it's already too expensive for mortgages and rent as it is

Initially yes. Then stop

no, this will only benefit banks and will not do much but ruin small business and families. a competent government could do this in other ways

No, it is better to buy up stock and hold it, and then refurbish it and release back on to the market when more housing is needed, at maximum 10% discount to prevent too high a loss for the government

Inflation and the housing market should not be controlled and fuelled through the banks, this is where the government should be stepping in to control issues that are pose a national security.

Misdirection. The actual solution is taxing, regulating, and limiting the rife and blatant exploitation carried out by landlords, investment property owners, and REAs.

Nobody is willing to do that because they are of a higher class than the renters. They have more capital, and contribute more to political parties.

It remains, however, the obvious, direct, sensible, and morally correct solution. Despite the abject cowardice of any with the power to change things.

Yes, but Australia has been in a housing bubble for decades. The Federal Government should end fractional reserve lending in order to bring the economy back into balance.

Yes, for loans over a certain amount. It is not fair for a person who has borrowed below $500K to pay higher interest rates and have to survive below the poverty line to meet ends meet. Therefore those whom are on a good income and has borrowed above $500K should pay the higher interest rates. Interest rates should be scale to meet the income.

Only for investment propery

Only for investment properties

Depends on performance of economy

No, abolish the RBA.

No, except for investment properties

Rather than raising the 'cash rate' which increases the cost of all borrowing, the RBA should have the power to levy an extra charge (like a GST) on all lending for purposes which it wants to quell. Eg if house prices are raging in a certain city, but not elsewhere, increase the cost of borrowing for existing homes only in that a city. This makes new homes relatively less expensive, encouraging supply. This approach can be extended to all manner of borrowing where you want to target a specific sector and/or region

The housing bubble may exist, but increasing interest rates is not how you'll solve the issue. The issue is housing affordability

Yes, but maintain it to a decent rate so the market don’t break

Lemme buy a house. Dog

I’m uneducated in this

RBA does not influence my interest rate on my loan. The banks do.

Yes, but only for those who are buying an investment property, not on people’s primary domestic dwelling

Not a political question. The reserve bank should remain independent of government interference

Yes but not on first home owners

Your interest rate should increase exponentially with the number of houses you own

No, there should be other ways to reduce housing prices than further isolating young FHB.