Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Kolenda: Soft property market damages equity

Notify me of new replies via email
Australian Broker | 03 Sep 2012, 08:00 AM Agree 0
1300’s John Kolenda is blaming the soft property market for increased difficulty in accessing equity
  • GB | 04 Sep 2012, 09:51 AM Agree 0
    in other words...the ponzi scheme of revaluing assets higher and withdrawing and spending the equity is over. Now people actually have to pay back their debts the old fashioned way, with income. They can no longer depend on ever increasing asset values. Get used to it John. Its not the property markets fault...its property speculators expectations of easy gains for ever that are to blame
Post a reply