Fears of Australian property market 'fire sale'

House prices in Australia are dropping in most capital cities with data released today showing Sydney and Melbourne posting their weakest results in six years.
One of the factors that could see prices fall still further is interest-only lending. During the next three years, billions of dollars of interest-only loans will roll over to principal plus interest. That could force many Australians into serious financial difficulty.

Read more here: http://www.abc.net.au/news/2018-06-19/fears-as-interest-only-loans-roll-into-principal-plus-interest/9886430

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Видео Fears of Australian property market 'fire sale' канала ABC News (Australia)