{"id":12815,"date":"2018-06-23T15:36:34","date_gmt":"2018-06-23T03:36:34","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=12815"},"modified":"2018-06-23T15:36:34","modified_gmt":"2018-06-23T03:36:34","slug":"our-powder-keg-australias-housing-debt-ready-to-blow","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/our-powder-keg-australias-housing-debt-ready-to-blow\/","title":{"rendered":"OUR \u2018POWDER KEG\u2019: Australia\u2019s housing debt ready to blow"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO:\u00a0The Reserve Bank really doesn\u2019t want us to be buying or building homes we can\u2019t afford.\u00a0<span class=\"image-source\"><em>Source: istock<\/em><\/span><\/strong><\/p>\n<p class=\"description\">BAD news for anyone still hoping the Reserve Bank will pull Australia\u2019s house prices out of their slump. House prices have fallen for many months now, but the RBA is still worrying they are too high.<\/p>\n<div class=\"story-content\">\n<p>When the headlines are all about house price falls that are turning out to be bigger and longer-lasting than expected, Australia\u2019s monetary chief is indicating that falling house prices are fine by him.<\/p>\n<p>RBA governor Philip Lowe appeared at a conference in Portugal last week, alongside his counterparts from the US, Europe and Japan. In their company, he delivered some unscripted remarks that seemed unusually candid.<\/p>\n<\/div>\n<div><span style=\"font-size: large;\"><b>AUSTRALIAN PROPERTY NEWS &#8211;\u00a0\u00a0JOIN OUR 30,000 PLUS SUBSCRIBERS<\/b><\/span><\/div>\n<div><span style=\"font-size: large;\">\u00a0<\/span><\/div>\n<div>\n<div dir=\"ltr\">\n<div dir=\"ltr\"><a href=\"http:\/\/eepurl.com\/b-0d_f\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/eepurl.com\/b-0d_f&amp;source=gmail&amp;ust=1529051228802000&amp;usg=AFQjCNFfJO3cV1EF8yHvuxOK_53wwdXmdg\"><strong>GET INFORMED: RECEIVE OUR FREE E-NEWSLETTER 1 X A WEEK PLUS OTHER PROMOTIONS<\/strong>\u00a0<\/a><\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">\n<div><a href=\"http:\/\/eepurl.com\/b-0d_f\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/eepurl.com\/b-0d_f&amp;source=gmail&amp;ust=1529051228802000&amp;usg=AFQjCNFfJO3cV1EF8yHvuxOK_53wwdXmdg\"><img decoding=\"async\" class=\"m_-8495029290156555524m_-1174253372178555362gmail-alignnone m_-8495029290156555524m_-1174253372178555362gmail-wp-image-12482 m_-8495029290156555524m_-1174253372178555362gmail-size-medium lazyload\" data-src=\"http:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/05\/newsletter-sign-up-300x73.jpg\" alt=\"\" width=\"300\" height=\"73\" data-srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/05\/newsletter-sign-up-300x73.jpg 300w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/05\/newsletter-sign-up-465x114.jpg 465w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2018\/05\/newsletter-sign-up.jpg 637w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/73;\" \/><\/a><\/div>\n<\/div>\n<p>CLICK HERE for our\u00a0<b>New Zealand<\/b>\u00a0Property News:\u00a0<a href=\"http:\/\/www.propertynoise.co.nz\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/www.propertynoise.co.nz\/&amp;source=gmail&amp;ust=1529051228802000&amp;usg=AFQjCNEVFT5GDAoxHUiVFevX3m2GK1zmiw\">www.propertynoise.co.nz<\/a><a href=\"http:\/\/www.propertynoise.co.nz\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en&amp;q=http:\/\/www.propertynoise.co.nz\/&amp;source=gmail&amp;ust=1529051228802000&amp;usg=AFQjCNEVFT5GDAoxHUiVFevX3m2GK1zmiw\">\u00a0<\/a><\/p>\n<\/div>\n<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/economy\/australian-economy\/housing-powder-keg-ready-to-blow\/news-story\/ef1ed3e412f0f1cdcc5177414a43b4f6\">NEWS.COM.AU<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO:\u00a0The Reserve Bank really doesn\u2019t want us to be<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/our-powder-keg-australias-housing-debt-ready-to-blow\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":12816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098573,478098512,478098521,478098518,478098572,478098538,478098621,478098726,478098566,478098562,478098516,478098542,478098519,478098535,478099684,478098522,478098537,478098556,478098513,478098579,478098510,478098514,478099685,478098511,478098509,478098536,478098618,478099375,478098677],"class_list":["entry","author-wpcomsupport","post-12815","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-apartment","tag-australia","tag-australians","tag-beach-house","tag-beachfront","tag-brisbane","tag-buyers","tag-chinese-buyers","tag-first-home-buyers","tag-foreign-buyers","tag-gold-coast","tag-home-loans","tag-home-ownership","tag-house-prices","tag-housing-debt","tag-interest-rates","tag-melbourne","tag-nsw","tag-property","tag-property-market","tag-property-news","tag-propertynoise","tag-rba-governor","tag-real-estate","tag-real-estate-news","tag-sydney","tag-sydney-property","tag-the-reserve-bank","tag-victoria"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OUR \u2018POWDER KEG\u2019: Australia\u2019s housing debt ready to blow - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/our-powder-keg-australias-housing-debt-ready-to-blow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OUR \u2018POWDER KEG\u2019: Australia\u2019s housing debt ready to blow - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; 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