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Reached the same conclusion a long time ago. Lenders control property prices. - back in 2003, prices in Brisbane could go up 5-10k a week. How does that happen if a lender doesn't agree to elevate finance at that rate. There's no way a valuer could progress values that quickly. - lenders...

David, that is a very important analysis, and a nice analogy.....one I have been trying to get to the bottom of myself for 3 years........I have attempted to work out how much additional debt serviceability Australian households have had since property prices began their rapid rise in the late...