There’s been a lot of concern lately about the Australian Prudential Regulation Authority (APRA) curbing to lending to property investors and how this may cause our real estate markets to slow down.
The reason behind APRA’s involvement is the significant growth of lending to property investors particularly in Australia’s two largest capitals which seems to be pricing first-time home buyers out of the market.
The new directives from (APRA), come at a time of intense growth in the residential property sector in the Sydney and Melbourne property markets.
How significant are these changes and what does they means to property investors, home buyers and those who want to get into the property market?
Watch this video as I ask 2 experts for their opinions:
- Michael Yardney – director of Metropole Property Strategists and one of Australia’s leading experts in wealth creation
- Andrew Mirams – a finance strategist and director of Intuitive Finance.
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