No chance, this will happen when you let developers leverage themselves to the tits in unlimited borrowing capacity with super lax repayment regulations.
As soon as some actual regulation comes in on borrowing power and need to pay the bank back. How many developers have crashed and burned.
Will take years for their developers to recalibrate with the new laws and regulations. Right now, no one is interested to build. So it doesn't even help with the ridiculous house pricing and rent.
Think its bad in Australia to get a loan. 2 bedroom apartment, 70sq m. Set you back a mil AUD. 30% deposit required and the loan duration is 10 years not 30. (This is for foreign investors I may add)
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-25121
-
-
- There are more pages in this discussion • 6,361 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
Add WR1 (ASX) to my watchlist
|
|||||
Last
70.0¢ |
Change
0.020(2.94%) |
Mkt cap ! $151.4M |
Open | High | Low | Value | Volume |
68.0¢ | 70.0¢ | 67.0¢ | $265.3K | 388.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6045 | 68.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 598 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6045 | 0.685 |
1 | 4044 | 0.680 |
4 | 17936 | 0.675 |
3 | 16544 | 0.670 |
2 | 34512 | 0.665 |
Price($) | Vol. | No. |
---|---|---|
0.700 | 598 | 1 |
0.705 | 2442 | 1 |
0.710 | 14000 | 1 |
0.720 | 87800 | 3 |
0.740 | 1967 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |