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Lending to asset-rich, income-poor leading to housing fall

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Australian Broker | 04 May 2016, 07:31 AM Agree 0
Analysts say that the housing market is under threat from banks that lend to borrowers with high assets on low incomes, who may have to flip their properties to meet repayments
  • Rodney Rude | 04 May 2016, 10:13 AM Agree 0
    “Systematically targeting ‘ARIP’", what a crock! These days it is not possible. The analysis must be flawed as all loans still need to pass servicing requirements.
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