Mortgage Repayment Fears – References

#MortgageRepayments #PriceCrash #Housing

Interest only mortgages repayment periods are steadily ending with many predicted to finish by 2020. Do you think this will have an impact on the housing crash? Are people really so fullish to have not planned for this?

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References

Lenders release the Kraken: when mortgages rise by $1000 a month

https://www.news.com.au/finance/money/lenders-release-the-kraken-when-mortgages-rise-by-1000-a-month/news-story/c7445bc500e3bb7f3c3319b456639049

Comparing Australia’s Housing Crash to the World – References

#AusPol #PriceCrash #Housing

I look at a recent article from MacroBusiness comparing Australia’s housing crash to those in USA, UK, Ireland and Spain. Then I look at another perspective from Wolf Street. Is the GFC finally catching up with Australia?

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References

How Australia’s housing crash compares internationally

https://www.macrobusiness.com.au/2019/04/australias-housing-crash-compares-internationally-3/

Update on the Spreading Housing Bust in Australia, and Why it’s Happening

https://wolfstreet.com/2019/04/02/update-on-the-spreading-housing-bust-in-australia-and-why-its-happening/