Housing, page-760

  1. Tee47
    1,826 Posts.
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    19/11/18
    13:19
    Post #: 36557294
    I heard yesterday from someone in the industry that developers are now paying 12% interest rates with non bank lenders. This came form a broker who owns his own business.


    If that's not a concern then I don't know what is, specifically as markets in Melbourne and Sydney, where development is huge, will be impacted severely by dropping prices.

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