Rick Otton Reveals New Lending Guidelines to Impact Australian Property Investors

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Added By: Yogendra Oza, Gujarat University, India, on August 25, 2011

Author: Yogendra Oza

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Description: The next time older Australians apply for a home loan, they may be in for a very big surprise. In assessing their ability to repay their loan, lenders no longer include the the sale of a primary residence in their calculations, relying instead on future income and superannuation. As a result, alternative non-mortgage property investing options are flourishing.

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Paper Type: Book

Paper key (): 266B7