Record plunge in investor loans as tax overhaul hits property market
AI Summary
Investor lending for property has plunged to a record level amid tax changes, high interest rates and falling prices, according to the article. Despite the broader pressure on the property market, one sector is experiencing unexpected growth.
Labor’s tax changes, along with high interest rates and falling prices, are now hitting the property market. But one sector is showing surprising growth.
Politics Markets Real Estate property market investor loans tax changes interest rates falling prices Australia