-
Share
3,702 Posts.
5
27/09/11
11:10
Share
I can only guess and also quote from memory grahod, but:
'What is the value of Australian residential property.'
I suspect around 5 to 6 trillion, if you take about 10 million homes and assume a median of around 550K
'What is the value of Australian residential mortgages.'
Around a trillion.
'What is the percentage of credit that funds these mortgages from overseas credit institutions.'
Have read that aussie banks hold between 80 to 89% of all resi mortgages. so say 10 to 15% are written by OS banks.
Happy to have my figures pulled apart.
-