From what I learned the past few years is that lenders love giving foreigners money on extremely low down payments because they it's all going to go tits up so they can seize the property for themselves.
We'll need a $50k down payment for a $180k home to secure loans where the foreign imports will just need a few thousand dollars.
The debt isn't their problem. It's the government's for not cracking down on the retarded lending scheme's and it shows when it all goes tits up and the government will have to bail out the banks again.
>>510887758 (OP) Jealous of what? All of those properties are mortgaged up to the eyeballs, they don't "own" shit and Australia is headed for a realestate collapse.
>>510887758 (OP) Now let's see them live the true Aussie dream and go on a walkabout
AnonymousID: /iUY4dbO
7/20/2025, 5:49:16 PM No.510893048
>>510888644 I mean. Banks don't want to own houses no. Banks want to own the mortgage so they can sell it. Selling mortgages is much quicker than selling a home.