more traps for players.....you need to know the rules before you can play the game....
the foreigners are borrowing from the Asian banks....the Bank of China is lending the money at those low rates, to enable them to buy property in Australia...
you have to be kidding yourself if you think asians are only able to borrow from OZ banks....
the result...Asians borrow at almost zero rates to buy OZ houses
Aussies pay 7% plus interest rates to OZ banks to buy oz houses...
guess who the winners are....
ps I would love to get a loan from Bank of China at 1-2% to buy more aussie houses
- Forums
- Property
- property perma bulls ignore articles like this
more traps for players.....you need to know the rules before you...
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online