Easing mortgage rules likely to cause ‘modest’ house price rise – Makhlouf

15 comments
  1. Who would have thought that increasing the mortgage cap without increasing supply would only lead to more money being spent on existing stock?

    I for one am shocked. SHOCKED! At this revelation…

  2. More debt for already over priced items

    Greatest fiscal minds in charge
    Wasn’t this fella rejected from somewhere else before he got the central bank job

  3. Many peoples’ rents are higher than the current average mortgage payments. Increasing the maximum LTI debt ratio to 4 for FTBs is the central bank saying that people can afford to pay mortgages which are in line with the rent they currently pay.

  4. lol ‘modest’ doing a lot of work there. Where’s that langer that came in flying high and mighty in the last thread when I said this was obviously what was going to happen.. come out ya maggot, where are you hiding..

  5. Just when we all thought prices would stabilise, or even get lower, the banks come in and pretend they’re doing us all a favour.. Making it even more difficult to live in this country.. (While investment funds are loving the greener pastures..)

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