Investment Lending Hits All-Time High: What’s Driving the Surge?
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Description
Lending to property investors has surged by 47% over the past 5 months, despite high interest rates, a drop in interest-only loans from 40% to 10%, rising property taxes, and stricter tenancy laws. In today’s episode, guest host Stuart Wemyss speaks with Ben Kingsley from the Property Investors Council of Australia. In today’s show we cover: ·         The negative effects of the 2017 lending restrictions. ·         The impact of rising property holding costs, including increased taxes and levies. ·         Investor sentiment as reported in the PIPA survey, and strategies for navigating the current challenges for investors. ·         How the government's policies on building more homes and increasing density in established suburbs might affect new and existing investors. See omnystudio.com/listener for privacy information.
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