MEA 1.56% 65.0¢ mcgrath limited

Lol? Credit is drying up as banks now tightening lending...

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  1. 2,481 Posts.
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    Lol?

    Credit is drying up as banks now tightening lending criteria. This is causing all to suffer. In a booming market their is no sales skill, it sells itself from a universal and known re.com.au portal and at a subsequent auction. This is now drying up.

    Property is merely a function of credit which is now constrained.

    Expect the RE and property industry to suffer now. It can’t last forever.
 
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