Expensive ? cheap ? means nothing! it's "supply and demand"
and what lenders see as "risk"
resource boom real estate is now considered higher risk..
simple really!
Those that bought into that scenario are getting burned and I think it will get worse yet..
banks restrict loans in risky mining towns, page-9
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)