Housing investors loaded up on even more debt even with a rate rise looming large - PerthNow


5/3/2022 12:00:00 AM3 years 10 months ago
by NCA NewsWire

Startling new data has shown exactly why the Reserve Bank felt it was necessary to raise the interest rate to 0.35 per cent.

The staggering price pressures that forced the Reserve Banks hand on interest rates have been laid bare, with new data revealing property investors took on a record amount of debt and shoppers splash… [+4122 chars]

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