The Real Estate Institute of Australia has urged caution in the actions of regulators and banks to limit bank lending in an attempt to dampen investor demand for property in Sydney and Melbourne.
“Whilst warnings about interest-only loans and over committed borrowers might be justified in some circumstances it does not mean all interest only loan borrowers should be penalised and outlawed,” Real Estate Institute of Australia President Malcolm Gunning said.
FIRST HOME BUYERS DOMINATE AUSTRALIA’S PROPERTY MARKET FOR THE FIRST TIME IN A DECADE
REIA News – November 2020
REIA SEEKS NEW FOREIGN INVESTMENT FEE STRUCTURE FOR RESIDENTIAL PROPERTY SECTOR
REDUCTION IN LOAN DEFERRALS DEFIES DOOM AND GLOOM FORECAST: REIA
NSW BUDGET SHOWS IT IS TIME TO GET SERIOUS ABOUT STAMP DUTY: REIA
RBA IMPROVES HOUSING AFFORDABILITY IF BANKS PASS ON CUT
SEPTEMBER HOUSING FINANCE REFLECTS IMPROVING HOUSING SENTIMENT
REIA News – October 2020