First Step made by APRA to cool Property market by tightening lending requirements more to come, regardless the bubble will burst once the lockdowns stop and the government support ends at 80% vaccination rate which will occur around Xmas time. The APRA intervention is really to save people from their own bad decisions so their is not a hard landing although it appears their to late.
Only a fool would by Property in this market.
Let's call it what it is a "Covid Property Boom" future newspapers will read "Covid Property Bust".
Property Markets in Uk and Europe already starting to cool and Inflation is all International Business Commentators are talking about.
