It sounds like we’re in for some interesting times in property over the next year or two. While this may be worrying for some, it is possible to design a portfolio that can weather the storms.
Michael Yardney is a director of Metropole Property Strategists, which creates wealth for its clients through property advice and advocacy. He is a best-selling author, one of Australia's leading experts in wealth creation through property and writes the Property Update blog.
Banks are blacklisting suburbs where they’re not keen to lend, where borrowers face tougher hurdles to get a mortgage and have to stump up a bigger deposit.