QLD Brisbane - Strongest increase in finance for investing

Discussion in 'Where to Buy' started by See Change, 17th Oct, 2019.

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  1. See Change

    See Change Well-Known Member

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    5601.0 - Lending to households and businesses, Australia, Aug 2019

    “Strong refinancing activity was seen for the second month in a row, while new lending commitments for investment dwellings recorded the strongest monthly growth since September 2016.”

    The value of new lending commitments for owner occupier dwellings rose 1.9 per cent nationally in August, with rises in all states and territories apart from the Northern Territory. New lending commitments for investment dwellings rose 5.7 per cent in August, with Queensland (up 10.4 per cent) and Victoria (up 9.5 per cent) recording the strongest growth.

    Good news for all those parked in Brisbane , waiting to put another house on their monopoly board .

    Cliff
     
    See Change, 17th Oct, 2019
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  2. gman65

    gman65 Well-Known Member

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    gman65, 17th Oct, 2019
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  3. Danieljk101

    Danieljk101 Well-Known Member

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    Danieljk101, 17th Oct, 2019
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  4. gman65

    gman65 Well-Known Member

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    Yes, it's a superset of Brisbane
     
    gman65, 17th Oct, 2019
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  5. See Change

    See Change Well-Known Member

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    See Change, 18th Oct, 2019
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  6. icic

    icic Well-Known Member

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    icic, 19th Oct, 2019
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  7. RaoulDuke66

    RaoulDuke66 Well-Known Member

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    RaoulDuke66, 3rd Nov, 2019
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  8. gman65

    gman65 Well-Known Member

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    Nobody said anything about "crashes" due to moderate unemployment.. It's more that lack of high employment growth and wage growth continue to hold back Brisbane from a proper "boom".
     
    gman65, 4th Nov, 2019
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  9. RaoulDuke66

    RaoulDuke66 Well-Known Member

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    Apart from every mainstream economist obviously.
     
    RaoulDuke66, 4th Nov, 2019
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Will cost of living rise dull property investment?

There’s plenty happening in the cost-of-living area as exampled by the price of lettuce, petrol, and building products. And let’s not forget the last two months interest rate rises. Here’s some stats and perspectives on the major cities.