CBA; under $70 I note; supported here on about 7 times in 5 years; would want to bounce for Medium term future of market i suspect?
Bashing banks so much fun it seems but could get really serious from here?
Just laugh at the temerity of a business that takes security over a house to secure a loan and then dares to make a claim on that security (joke) .... just not sure what alternative rules and restrictions will come out of all this. BUT can expect restrictions on bank / >regulation =
-lower/tightened lending
-lower housing growth ..... what .... houses CANNOT go down can they?
could get ugly very quickly if the frenzy continues.
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