Andrew King: Property Investors’ Federation on banks coming down hard on investors when it comes to debt

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Recorded05 Sep 2022

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Banks are apparently starting to come down on property investors when it comes to their levels of debt. Rising interest rates and rents not increasing at the same pace has banks taking the hard line, which could involve getting investors to sell a property or being told to pay down debt when they voluntarily sell rather than pocketing the profits. Property Investors’ Federation president Andrew King joined Mike Hosking to discuss. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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