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Joye: Housing boom over

April 21, 2017 - 10:24 -- Admin

From Chris Joye today: The great Australian housing boom might be grinding to a stand-still thanks to the banks’ out-of-cycle rate hikes—correcting the two misguided official cuts in 2016—and tough new “macroprudential” constraints on interest-only lending imposed by the Australian Prudential Regulation Authority (APRA). According to CoreLogic home values across Australia’s five largest capital cities have

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