60% + national housing price crash example, page-14

  1. 10,494 Posts.
    Are you joking ??

    Perhaps you should ask Westpac why 42% is so bad that they managed to made a school boy error of stating 31% instead.

    You should ask them.

    You should also ask APRA why they are so angry if it has no material impact on the risk profile of the loans.

    I know mortgage stress folks being evicted but I don't knwo any personally.

    Whereas I know tonnes of property flippers making an exit. Many have multiple investment mortgages that are about to go seriously BAD.

    I am done. Perhaps others can help me out.



 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.