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‘Knocks me out’: Moves to cool hot property market lock out first home buyers – Sydney Morning Herald

Prospective buyers such as Ashley Van Deyk face tougher borrowing limits, and some believe more tightening is on the way.

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It is the strongest move so far from APRA to quell the risks created by a debt-fuelled housing bonanza that has seen national dwelling prices soar more than 20 per cent in the past year, according to CoreLogic data. In a further sign of the boom, CoreLogic…

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