RBA Modelling 40% House Price Falls

#Housing #Economy #HeiseSays

The RBA has modelled the impact of house prices falling by 40%

References

Post-coronavirus deposits are safe with the banks, and debt for property is not a huge risk, say regulators

https://www.abc.net.au/news/2020-08-26/senate-inquiry-bail-in-bank-deposits-rba-household-debt-covid19/12594380?fbclid=IwAR313MsOCPpJpqhItCV5zM1Tbb9_Ouw0oKwDLd_1wBmEafFyg1BOurF3Sds