end of the line for the speculative mania, page-40

"Nearly 40% of all mortgages processed in March were for investors – which proves just how much investors are currently driving the market."

should remove refinancing as it doesn't cause any buy demand. then it works out 2/3 of new mortgages are to investors. its been like that since about 99

you can see whats going to happen when the investors go.


Having problem with basic maths? Or simply having comprehension problems?

100%(total loans)-40%(investors) = 60%(non-investors/owner occupiers).

Can't stop yourself from spinning, can you?