Wonder who’s side RBA is err’ing too?
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Home lending slump risks negative 'feedback loop' as buyers step backDemand for housing loans is dwindling from both investors and owner-occupiers, and some experts are warning the lending slump is creating a feedback loop that drives prices significantly lower. why would you want to be an illuminati debt slave anyway? Central Banks are running scared. They can`t raise interest rates and they know Trump will not bail them out this crash coming soon. What is going to happen when your gold gets dearer and dearer with fiat currency .... What will you say then about the current system ?
Source: abcnews - 🏆 5. / 83 Read more »
AV Jennings profit slumps as tighter lending conditions biteThe house and land developer says buyer confidence has “subsided” over the past six months and prices in the major established housing markets are “correcting” as a result. They obviously mean the political uncertainty building over the past year under the LNP deficit corruption gameofmates auspol And shit for brains traders If the music stops better have your arse on a seat. Investors realising 2019 is about to refurbish Australian residential property sector. We delayed the inevitable by use of pretend/extend economic strategy to borrow more to drive the FOMO cult. FONGO is new in town & it’ll hurt
Source: smh - 🏆 6. / 80 Read more »
House prices to fall if lending laws changed, experts warnMooted changes to laws governing the way banks assess home would have a significant impact on the banking industry and possibly the economy, experts say | sdanck sdanck In a country where the vast majority of people only have a wage income and all their expenditures are captured with their bank card - what excuse is there to estimate expenditure? Looks like it was just a way to overleverage schmucks. sdanck There is a Revolution happening in France not Venezuela and the MSM refuses to acknowledge and cover it truthfully. sdanck But was that not the area where the fraud occurred with doctored paperwork at the branch ?
Source: smh - 🏆 6. / 80 Read more »
House prices to fall if lending laws changed, experts warnMooted changes to laws governing the way banks assess home would have a significant impact on the banking industry and possibly the economy, experts say. Sweet. Time to collect all the houses. Bankers, Regulators & Political Manipulated by Developers. responsibility remains with Federal Reserve & all lenders. ASIC APRA Treasury & thousands of Greedy's. HAVE over primed basic need of housing to a stock commodity. to Gamble on. on back of SUB PRIME scam. Over-Prime isn't this supposed to be a policy objective?
Source: theage - 🏆 8. / 77 Read more »