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Real Estate

Impending Property Debt Disaster

Australia is facing an impending property debt disaster as responsible leading requirements are removed.

#Banking #Economy #HeiseSays

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Australia is facing an impending property debt disaster as responsible leading requirements are removed. I’d rather people advocate for personal responsibility and agency, and stop expected others to manage risk for everyone else. Or are the ideas of personal responsibility too retro?

References

Fears of a debt disaster as property market runs hot and changes to safe lending laws loom

https://www.abc.net.au/news/2021-03-13/fears-of-a-debt-disaster-on-the-horizon-as-property-market-runs/13241594