RBA sounds alarm over off-the-plan properties
The RBA sounds alarm over off-the-plan properties because of lenders minimizing their risk on this type of asset. “The Reserve Bank of Australia has warned that settlement risk on apartments purchased off-the-plan may have increased as a direct result of the stricter criteria that banks are now applying to investor housing loans. In its Financial […]
Young Australians Staying at Home Longer
Young Australians Staying at Home Longer Young Australians are staying at home longer. The average age for leaving home in Australia to start renting a property continues to rise. According to the 2013 Tenants and Sharers Consumer Insights Survey just 17% of renters in Australia are under the age of 25 years of age. […]