What a soft landing might look like

Discussion in 'Property Market Economics' started by Graeme, 25th Aug, 2018.

Join Australia's most dynamic and respected property investment community
  1. bumskins

    bumskins Well-Known Member

    Joined:
    16th Aug, 2015
    Posts:
    528
    Location:
    Sydney
    Could already be to late to buy, I believe the grandfathering date for Negative Gearing & Capital Gains (assuming it gets over the line) will be the date from when the policy was first announced in 2017.

    Of interest can you still get 90%+ LVR loans? seems risky for the bank/LMI insurer to offer these atm given the higher chance of hitting zero/negative equity over the next 12 months.
     
  2. Rex

    Rex Well-Known Member

    Joined:
    12th Feb, 2018
    Posts:
    1,009
    Location:
    Perth
    The ALP policy is for the grandfathering date to be at some point after the next election (assuming they win government) probably close to the time that the policy comes into effect is my guess.
    Positive plan to help housing affordability

    And yes, still plenty of lenders offering 95% LVR loans. I would imagine the banks feel adequately protected by their LMI policies. Surely LMI premiums will have to increase significantly though, if they haven't already.
     
    Perthguy likes this.