Property market: Will record low interest rates unleash another housing boom?

By Clancy Yeates
Updated May 30 2016 - 3:53pm, first published May 17 2016 - 11:00am
There are good reasons why lower interest rates won't refuel the housing boom. Photo: Bill Frymire
There are good reasons why lower interest rates won't refuel the housing boom. Photo: Bill Frymire

When interest rates were slashed in the past, Australians responded by piling on more debt and bidding up house prices.