Property investors make up two in every five Australian home loans amid record borrowing
by Luca Ittimani from World news | The Guardian on (#71DCJ)
Investor home borrowing surges nearly 18% in the September quarter compared with previous three months, prompting calls to urgently rein in overheated credit market'
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Property investors have borrowed record amounts of money for home purchases amid a decline in first home buyer lending and surging house prices.
Investors accounted for two in every five home loans from July to September, the Australian Bureau of Statistics reported on Wednesday, sparking calls for the Albanese government to force banks to put the brakes on landlord lending.
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