Off-the-plan property buyers face ‘perfect storm’ as risks grow - Sydney Morning Herald

Buying off-the-plan property always comes with risks, but higher interest rates, falling prices and construction delays have created a ‘perfect storm’ fraught with danger.

Sam Lally, from Buyers Advocate Australia, says at the end of the day, a propertys loan-to-valuation ratio still has to stack up for a lender. That may not be much of a problem for those people who s… [+1820 chars]

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