A squeezing lemon

APRA Lending Squeeze is a Lemon

Kevin Young Insights 1 Comment

  The recent moves to restrict bank lending to investors in order to dampen price growth clearly shows that APRA have the historical knowledge of a toddler. The last property boom from 2001-04 went much higher than we’re currently experiencing, but then self-corrected as housing supply came through. The charts below expose their ignorance.     Yes, property prices are growing …