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Tag: banks killing project

Banks say they are not to blame for the Housing Crash – References

Post author By Heise Says
Post date 09/03/2019

#Banking #Housing #HousingCrash I look at a recent AFR article in which Westpac CEO Brian Hartzer claims that banks are not to blame for the housing crash. Seemingly ignoring recent evidence from Melbourne land sales. References Westpac CEO Brian Hartzer says banks ‘not to blame’ for house slump https://www.afr.com/business/banking-and-finance/westpac-ceo-brian-hartzer-says-small-business-hurt-by-lending-crackdown-20190130-h1anog YouTube Cards

AUSPol Property

Banks Killing New Housing – References

Post author By Heise Says
Post date 08/03/2019

#Banking #Construction #Housing I look at a recent article in the Herald Sun about Banks changing lending criteria killing new housing projects. Which seems to disagree with recent comments from the RBA. References Banks short-change buyers, force lots of land back up for sale https://www.realestate.com.au/news/banks-shortchange-buyers-force-lots-of-land-back-up-for-sale/?rsf=ps%3Afacebook%3Anews%3Avic

Tags AusPol, Australia, banks killing project, Construction, debt, Depression, Economics, Employment, Housing, housing bubble, housing crash, land, Melbourne, RBA, Recession, Wage Growth, Wage Stagnation