No Ad
No Ad

Loan clampdown helped cool housing market, but investor risks could rise: RBA


Clancy Yeates, The Sydney Morning Herald

The Reserve Bank has warned about areas where it sees "potential risk" in the property investment market, such as the growing number of people with multiple investment properties, and an increase in investors aged over 60 who have a mortgage.

The comments came despite the central bank saying the major banks' clampdown on riskier loans to property investors was helping to dampen risks in the Sydney and Melbourne property markets.

Go to The Sydney Morning Herald and read the full story.

The Sydney Morning Herald
Share this article Twitter Facebook Email


Post a Comment

Name (optional):
Email Address (optional):
Captcha Image
Your Comment: