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‘Very unusual’ pattern with investors in housing market

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

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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.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 7. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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

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