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1 in 10 cant get finance?

Discussion in 'Property Finance' started by tobe, 11th Apr, 2016.

  1. tobe

    tobe Well-Known Member Premium Member

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  2. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

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  3. Terry_w

    Terry_w Tax and Structuring Lawyer Business Member

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    I would have thought it much more than 1 in 10.
     
  4. D.T.

    D.T. Adelaide Property Manager Business Member

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  5. euro73

    euro73 Well-Known Member Business Member

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    It's only been 8 or 9 months since the changes.... these ratio's/percentages will increase as more time passes.
     
  6. tobe

    tobe Well-Known Member Premium Member

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    Maybe the other 9 haven't applied for finance over the last year.
     
    Rugrat likes this.
  7. jpcashflow

    jpcashflow Well-Known Member Business Member

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  8. sash

    sash Well-Known Member

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    Correct....this is a bit misguided...I have not hit that wall yet or rent reliance everyone talks about even though rents are now 2.5 times income.

    You have to be creative an never take no for an answer.
     
  9. jpcashflow

    jpcashflow Well-Known Member Business Member

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  10. dabbler

    dabbler Well-Known Member

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    deposits are the challenge IMO, many people do not explore all options or accept when they get told - can't do anything more.