Lending restrictions mean fewer projects will proceed to construction: JLL
Australian building completions are likely to remain strong in 2017, but softer prices and tighter lending mean a slower 2018, though conditions vary from city to city, says JLL.
Navigating the ever-changing oceans of development finance
When Dan Holden began compiling HoldenCAPITAL's Elite Property Developers Product Guide, the numbers showed how important non-bank lenders have become on the development finance scene.
Investor borrowing moderating, even before latest tightening measures
Housing lending to property investors softened in March, says Malcolm Gunning, president of the REIA, even before regulators and banks tightened lending to investors and before budget initiatives aimed at property investment were announced.
'Sledgehammer' approach to risky lending could hurt economy: REIA
Malcolm Gunning, president of the REIA, has warned that the combined actions of APRA, ASIC and the banks could decrease demand for new properties to such an extent that housing supply dwindles and the construction sector weakens.
The ratio of household debt to disposable income was at a record high of 188.7 per cent at the end of 2016, according to recent statistics from the RBA.
