Housing Affordability Part 2
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Property investors who purchased "off the plan" in 2014 or 2015 may run into serious problems completing their purchases when construction finishes later this year.
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Loanscape has today released its Borrowing Capacity Index for Q4/2024. It confirms the forecast trend that borrowing capacities of Australian individuals and families are recovering from their low levels which coincided with the last of the recent increases to borrowing rates initiated by the Reserve Bank of Australia.