Following on from my previous comments on the Official Cash Rate it occurs to me that the people making serious money at the moment are those who are able to tap into the great engine of arbitrage that this behind the housing boom.
Anyone who can "clip the ticket", particularly Banks and Real Estate Agents must be making a bundle. One, only needs to look at the number of Aston Martins being driven round Auckland to realise how well some people are doing out of this boom.
