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now u know why 1. The gov doesnt want th guarantee to go in a hurry 2. Why small to medium mortgage funds relying on private investors are almost all out to pasture ta rof

SM has always been on the edge with his ideas, and usually brings home some reasonable bacon, unlike some highly qualified economist who has learnt to "live and learn" I dont believe we will see a price crash driven by lack of funding. What we may see is a maturing of our overall economy...

My mug punters view is that we have limited funds to lend at reasonable rates, thus limit the funds to known risks there is more money around but you cant get it at decent rates to make a dollar if the lenders arent running an ROI of 20 % plus its almost a sum zero experience, which is...

If ever you needed a clear sign that the lenders have limited funds, this is good proof. Effective Wed20th, no change to max lvrs for existing clients, so clearly looking to limit growth in higher "risk" lending ta rolf