However, the Reserve Bank today noted that the effect could be greater for some groups of borrowers than others.
"While this suggests that FHBs are more likely to be constrained than other owner-occupier borrowers, the overall share of FHBs that will be affected is estimated to be very small."The Reserve Bank produces its FSR twice a year and has been alert to the risks posed by Australia's latest housing boom for some time.
"Risks from rising asset prices and debt could build, particularly if lending standards are weakened," it cautioned. The Reserve Bank has warned that the Council of Financial Regulators it sits on with APRA would be prepared to take further action if the property boom continues to drive strong home lending growth.
"Around one-third of investors took out a loan with a DTI ratio above six in the June quarter of 2021, compared to around 20 per cent of owner-occupier borrowers.
Someone correct me if I'm wrong but won't making it harder for Australians to buy a home make it easier for investors and cashed up foreign buyers to dominate the market?
The only thing i want them to do is raise interest rates. Everything else is BS.
Cool. That should make it much easier for investors to compete without those pesky first home buyers around....
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: smh - 🏆 6. / 80 Lire la suite »