Investors still driving housing finance approvals

15 May 2017

 

Some economists and analysts argue an expansion of credit is the main driver of house price inflation and assets in general. Even the RBA acknowledges* an association of house price growth with access to finance. They also argue there are other factors at work such as population, household size and inflation as well but “access to finance” cannot be ignored. Monthly housing finance figures are thus viewed as an indicator...

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