The RBA is seemingly tired of being everyone’s favourite whipping boy when it comes to blowing housing bubbles, recently suggesting that to blame low interest rates for the current investor led property craze, was to ignore the true fundamental pushing house prices up by double digits across parts of inner city Sydney in particular. In […]
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Developed economies across the globe have been clinging to their property markets like a buoy, relying on the fact that housing is an essential commodity of trade and therefore, the most likely to stay afloat when all else is threatening to sink the proverbial financial fleet.
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As APRA charges to the ‘regulatory rescue’ in an attempt to rein in what has widely been labelled ‘runaway’ investor lending by Aussie banks, anyone who relies on credit to acquire residential real estate must acclimatise to a new financial world order.
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Have you heard the one about water lilies multiplying in a pond? Most seasoned investors can probably fill you in.
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