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.
Statistics are shown for this demographic
Response rates from 334 Animal Justice Party voters.
30% Yes |
70% No |
30% Yes |
70% No |
Trend of support over time for each answer from 334 Animal Justice Party voters.
Loading data...
Loading chart...
Trend of how important this issue is for 334 Animal Justice Party voters.
Loading data...
Loading chart...
Unique answers from Animal Justice Party voters whose views went beyond the provided options.
@B2WGS2X1wk1W
No, the government should implement regulations that prevent real estate investors and landlords from locking ordinary Australians out of the housing market. Fix the capital gains tax
@9TKSK4D5mos5MO
Require more info on topic. But policies to help reduce artificial housing inflation is a positive to most Australians
@9S7LL4X6mos6MO
I don't believe raising interest rates will be enough to prevent a housing bubble. It is more likely to make housing unaffordable to the young and low income citizens
@9QS3S9L7mos7MO
Yes, but at a reasonable rate, and reverted back to the original rate once there is no clear threat of a housing bubble.
@9MF9GYX9mos9MO
They need to find the balance between not hurting low and middle income Australians with high rates while at the same time ensuring affordable housing
@9M8CT8410mos10MO
No, but it depends on how much interest rates should be whether you are in cities, suburbs or rural areas based on the house or apartment.
@9M89ZGK10mos10MO
The government should use one of the many other tools to prevent a housing bubble instead of relying on the same one over and over to minimal effect
@JoshLP19971yr1Y
Yes, but only after a temporary rental cap, so renters aren't the ones forced to pay for the increase.
Join in on the most popular conversations.
