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RBA drives large increase in forced property sales

July 29, 2024 - 11:00 -- Admin

The ABC’s business editor, Michael Janda, has published the following chart showing the sharp increase in short-term home re-sales, which he says is evidence of struggling borrowers bailing out and selling. “While it’s impossible to find an exact number, there is strong evidence that a significant cohort of struggling borrowers have bailed out and sold”,

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