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$1.3 trillion worth of residential term loans held in Australia

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Your Investment Property | 02 Jun 2015, 06:19 AM Agree 0
The total amount of residential term loans held by authorised Australian lenders reached $1.3 trillion at the end of March according to figures recently released by Australian Prudential Regulation Authority (APRA)
  • stopusingyoururl | 02 Jun 2015, 05:13 PM Agree 0
    I cant wait for the economy to show its real hand and people start to realise that they may not afford the cheap money they got fooled into by low interest rates in the first place.

    Its that awful feeling that the arrogance of spending 100k over the real value of houses in sydney region is going to bite hard on the majors and the community.....

    Thats when I'll be coming in and buying; with a big smile on my face and a cheque for 30% discounts on the house price!
    Cant wait, cant wait cant wait!!!!
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