is the tide turning, page-3

passive. the banks appear to be in control...and very arrogant about it....dropping depositors rates should scare out a few....but stringent lending practice is not fair to the buyers..........australia does not have default rates like any other country...and there should be a bit of risk, to allow for changes in circumstances...ie lose a job, get divorced etc

homebuyers are then caught in a bind.....pay off a loan, or pay equivalent in rent
I say we need a govt controlled bank...with fixed interest rates for low income earners to end the impasse imposed by the banks!
and where is honest john symonds now ??? out of the mortgage market after he made a huge fortune..

interesting how all the main markets work, now some are saying commodities will slow, that wipes out most of the popular stocks with punters...leaving only the blue chips

we agree people need a roof over their heads, but some young ones are allergic to debt...how long can they stay home with mum and dad and skirt the issues ????
next 6 months will be very intereting
who was it said a major boom on the horizon....oh yes ANZ
cheers