Expert's take: How each state's property market is performing - Smart Property Investment
With the year set to end in less than three months, seven experts from Property Investment Professionals of Australia (PIPA) give us a deeper insight into the major markets. PIPA Chair Nicola McDougall said the significant rise in interest rates in such a short period of time has led to many borrowers, particularly investors, not being able to secure lending for their property purchases. In addition to higher mortgage costs, Ms McDougall said that the Australian Prudential Regulation Authority (APRA)’s decision to boost the lending buffer in October 2021 is still being felt by borrowers....
Source: smartpropertyinvestment.com.au
