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Banks prepare for lending restrictions as investors dive into market – The Age

As new data shows property prices are rising at their fastest rate in more than 30 years, banks are preparing for lending restrictions…

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Loans to investors climbed by 1.3 per cent, the seventh consecutive monthly increase. Lending to investors is now at a three-year high, while those to first-time buyers are now at a 2.5 year low.
The last time values nationally were growing so quickly was…

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