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John Woodrow
Sky News Australia
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Comments by "John Woodrow" (@johnwoodrow8769) on "Australia ‘absolutely stupidly’ went on a lending spree to mortgage holders" video.
If in deed 30% of mortgages were lent in the last 2 years, no reason to doubt that statistic, then a significant number of Australians are going to learn a VERY hard lesson. Not a speck of sympathy for property speculators. But do feel for naive genuine first home buyers. They have basically been thrown under the bus by government and its institutions i.e. the Reserve Bank.
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