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Nothing wrong with high LVR loans as long as people have a table work history and can service them in my view. These loans only got a bad name because in the us banks handed them out to people with no job. The reality is it doesn't matter whether it's 80 percent or 95 if the borrower loses their...

sorry i dont follow - how does this justify banks making it easier to get loans for established property vs new builds. they have a vested interest in maintaining high prices for established homes. new supply would theoretically reduce the price of established homes.

There is no house construction boom because our banker friends make it harder to get loans for new builds, to control supply and maintain the high cost of established homes.

a desperate attempt to find alternative data to support your claim.

the article is on the Australian market.

bam! http://www.smh.com.au/business/the-economy/building-approvals-fall-55-in-march-20130502-2iufz.html

along with arrears levels and distressed sales. how sustainable to do you think that could be?

The flawed logic of the property spruikers at work, house prices rise with unemployment levels, why, of course ! http://m.propertyobserver.com.au/rba-rate-decision/unemployment-will-force-the-rba-to-cut-rates-again-while-house-prices-set-to-rise-10-david-bassanese

But wait, there's more ... http://m.theaustralian.com.au/business/mining-energy/prospects-gloomy-for-contractors/story-e6frg9df-1226622985931

And this http://m.theaustralian.com.au/business/wall-street-journal/resources-investment-pipeline-contracts/story-fnay3vxj-1226623875511

All this good news eh, despite this http://mobile.news.com.au/realestate/news/new-home-sales-fall-53-per-cent/story-fndba8uq-1226612250043