Let’s say a property is being offered for sale at $800,000 and later sells for $1 million. Is it unfair to the vendor? No, they are pleased. Is it unfair to the buyer who paid $1 million? No, they are happy they bought the property. So who is being treated unfairly? Agents have to act […]
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As from July 2015 AMP has stopped lending to investors for new loans. And on top of that AMP has increased the variable rate for investor loans by 0.46% with several other banks increased the rate on investor loans by 0.27%. The reason is supposedly stricter capital requirements as well as stricter APRA conditions.
Is this […]
Many small country towns are struggling economically because many young people move to the
cities when they come of age. At the same time there is a shortage of housing in the cities, forcing
prices up and putting a strain on services such as health and transport.
Does it not make sense for migrants and in particular those […]
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