Australia's largest stock trading and investment forum Australia's #1 stock forum

Big 4 Banks say there is no housing bubble, page-5

First 5 Last

Share
Profile

Follow
fs0010

562 Posts.

22

09/03/17

14:04

Post #: 23218937
Share

Originally posted by TaylorSwift ↑

Read more at: http://www.msn.com/en-au/money/home...our-banks-say/ar-AAo23rF?li=AAgfLCP&ocid=iehp

There's no housing bubble in Australia, heads of big four banks say
Testifying at the parliamentary inquiry into banking this week, the chief executives of National Australia Bank, Westpac and Commonwealth Bank all said that while they are worried about elements of the housing market, prices aren't over-inflated....
...The bank chiefs were appearing in front of the committee, set up by the Turnbull government to ward off calls for a more far-reaching royal commission into the financial industry, for the second time within six months.

Expand

Have a look this article and the video below of an Irish banker denying a housing bubble back in 2007. They all sound the same; housing shortage, supply, demand, strong employment, fundamentals blah blah blah. . .
16 Upvote

Reply

Top Stories

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

Tuesday's HotCopper trends: Sayona intercepts, Bowen Coking crisis | July 15

AII

Inside the depths of Panasqueira: A legacy carved in rock

WIN

'Incorrect datasets': Old irony sets WIN Metals up for golden opportunity at Emjay

LKY

Locksley Resources the latest speccy to surge on US critical minerals hype

First 5 Last

SPONSORED BY