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apra asic australian securities and investments commission house of cards investment properties mortgage market mortgage ponzi finance model unrealised capital gains

Mortgage market a 'house of cards'

The use of unrealised capital gain of one property to secure financing to buy another property in Australia is extreme...

apra asic australian prudential regulation authority australian securities and investments commission house of cards investment properties mortgage market mortgage ponzi finance model unrealised capital gains

06th Sept. 2017 7:09 PM

A new report, The Big Rort, accuses regulators of doing nothing to combat white-collar criminality in the mortgage market.