Hello all, I was just thinking about the recent news topics argument that increasing the floating rates won't really hurt or discourage investors or other property buyers. On the whole I agree, but I have also realised that the floating rate determines other things including the interest rate on student loans. This makes it an even more dangerous toy of the reserve bank's, they by default will discourage people from becoming students, and load existing students with increasingly high repayments...
What do you think?
What do you think?