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All Topics / Opinionated! / have you?
So who has been a naughty naughty boy….has it been you?
– http://www.abc.net.au/news/2015-04-16/property-price-surge-generating-policymaker-headaches/6398384
I think this one will go down in the books like Buffett’s “Only when the tide goes out do you discover who’s been swimming naked”.
Remember folks……capital growth doesn’t service debt……only rental yields can do that.
I can see the point but not so much with banks. There’s not going to be a calling in of loans sufficient enough to have any broad impact. If there is any flattening off or correction that won’t play a part. Tightening of credit policies are the much more likely culprit. What do you think the impact of the credit protection laws will be when things turn? Will that offset pressures when interest rates start to rise again? MT
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