Credit Slowdown Likely To Dampen More Than Just Housing Prices

Anyone directly or indirectly associated with housing finance has likely felt the pinch of heightened regulation and tighter credit policies. Mortgage brokers and lenders are the first industry participants that come to mind, however the slowdown in lending activity has broader implications for a wide range of peripheral industries and revenue streams.

Less lending implies fewer home sales for real estate agents and developers, a reduction in building and pest inspections, less conveyancing…