Low interest rates distorting decisions

By Daryl Dixon
Updated April 23 2018 - 11:07pm, first published July 31 2014 - 2:17pm

Last week’s strong property markets in the major capitals during a normally slow winter period provide further confirmation that low interest rates are encouraging investors to take higher risks. While the share market is still on average 20 per cent (or more if allowance is made for inflation) below its previous peak, residential property prices in key areas are now reaching record levels.

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