‘Very unusual’ pattern with investors in housing market

📆 13/07/2022 00:06:00
📰 SkyNewsAust

⏱ Reading Time:
5 sec. here
2 min. at publisher
📊 Quality Score:
News: 5%
Publisher: 78%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Yellow Brick Road Home Loans Executive Chairman Mark Bouris says there is a “very unusual pattern” in the housing market with investors borrowing money out of Sydney or Melbourne “to buy in places like Adelaide”.

“They’re not even going in to inspect the places – they’re doing it all

online, and they’re buying these properties,” he told Sky News Australia.

Escrever Comentário

Interesting! I didn't know sky knew anything about real estate. Obviously, just an observation or just more rubbish!

Money laundering is dying?

What is unusual? Sydney & Melbourne have become so unaffordable that people living in these cities are buying in cities that they can afford. This will in turn make it hard for people in those cities. And the cycle will continue. Australia's property market is a horror show

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Malaysians join investor push into Melbourne’s fringe office marketEast Melbourne’s Marlion House has been purchased for $22.68m by a company associated with the family of Malaysian timber tycoon Admond Looh. The irony of a timber tycoon from Malaysia. palmoil
Fonte: FinancialReview - 🏆 2. / 90 Consulte Mais informação »