You would have thought that if real estate was such a solid bet then the banks would be lining up in droves to offer 110% loans like the golden days. The property value will double every seven years, right guys?
" First home buyer loses deposit after NAB backflip over apartment size
The banks are reining in lending to riskier segments of the housing market amid a crackdown on residential mortgage lending by the banking regulator, the Australian Prudential and Regulatory Authority. "
