While authorities such as the Reserve Bank often see them as risky, interest-only loans can be helpful in some circumstances.
Academic rigour, journalistic flair
Articles on Mortgage market
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Banks typically do not want their customers to default on property and have processes in place to help reduce the risk of this happening.
It’s natural to assume that a downturn in the property market is good news for people who’ve been priced out of the market. In practice, they might still not be able to buy a home.
Low-income women suffer evictions and violence in Canada’s most “livable” cities.
A whole bunch of folks are on the wire, and if their housing payments go up they are going to struggle.
Top contributors
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Associate Professor in Property and Real Estate, Deakin University
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Professor of Economics, UNSW Sydney
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Professor of Property and Housing Economics, University of South Australia
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Senior Lecturer in Finance, University of Sydney
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Research Associate, British Columbia Centre on Substance Use and PhD Candidate, Faculty of Health Sciences, Simon Fraser University
