Mark Bouris of Wizard Home Loans talks about the impact of interest rates rises on home owners and asks for feedback from Australians. Email responses to feedback@wizard.com.au or blog below.
so Wizard have gone broke once already speculating on borrowers ability to pay off ridiculous levels of debt secured by real estate, maybe interest rates need to rise to reward savers and retirees rather than dickheads that can't live in a house with less than 2 bathrooms and 4 bedrooms. sorry if you've over leveraged dreaming of easy riches in a ponzi scheme your chickens are coming home to roost
I'm happy for interest rates to go up because I didn't fall for the housing scam and instead put my money in the bank. When interest rates go up, so does my money. If house prices go down, my kids will actually be able to afford a house.
Not making enough business! Why would you resort to this? People aren’t borrowing? House prices too overvalued? With bubbles, you ran out of greater fools to loan to buy an overvalued house, infinitely! Then Pop! Solution? Deflate overpriced houses! People may start buying something, you, lending again. Worldwide, Australia has massively overvalued houses! Is barn in a farm at the antipodes so special? Want more business? Deflate the overinflated house prices! Let the RBA do its job!
It has been shown on the Australian Property Forum that auction clearance rates are in freefall and house prices are crashing fast. The Aussie property bubble is dead. House prices won't rise again for a decade. Everyone knows housing affordability in Australia has never been worse than it is today. We need higher interest rates, lower inflation and lower house prices. If you agree with this message, visit AustralianPropertyForum today!
It has been shown on the Australian Property Forum that auction clearance rates are in freefall and house prices are crashing fast. The Aussie property bubble is dead. House prices won't rise again for a decade. Everyone knows housing affordability in Australia has never been worse than it is today. We need higher interest rates, lower inflation and lower house prices. If you agree with this message, visit AustralianPropertyForum today!
so Wizard have gone broke once already speculating on borrowers ability to pay off ridiculous levels of debt secured by real estate, maybe interest rates need to rise to reward savers and retirees rather than dickheads that can't live in a house with less than 2 bathrooms and 4 bedrooms. sorry if you've over leveraged dreaming of easy riches in a ponzi scheme your chickens are coming home to roost
spud3691 9 months ago
I'm happy for interest rates to go up because I didn't fall for the housing scam and instead put my money in the bank. When interest rates go up, so does my money. If house prices go down, my kids will actually be able to afford a house.
Davinci77 9 months ago
Not making enough business! Why would you resort to this? People aren’t borrowing? House prices too overvalued? With bubbles, you ran out of greater fools to loan to buy an overvalued house, infinitely! Then Pop! Solution? Deflate overpriced houses! People may start buying something, you, lending again. Worldwide, Australia has massively overvalued houses! Is barn in a farm at the antipodes so special? Want more business? Deflate the overinflated house prices! Let the RBA do its job!
davidfoster1231 9 months ago
It has been shown on the Australian Property Forum that auction clearance rates are in freefall and house prices are crashing fast. The Aussie property bubble is dead. House prices won't rise again for a decade. Everyone knows housing affordability in Australia has never been worse than it is today. We need higher interest rates, lower inflation and lower house prices. If you agree with this message, visit AustralianPropertyForum today!
GHPCAndersB 9 months ago
It has been shown on the Australian Property Forum that auction clearance rates are in freefall and house prices are crashing fast. The Aussie property bubble is dead. House prices won't rise again for a decade. Everyone knows housing affordability in Australia has never been worse than it is today. We need higher interest rates, lower inflation and lower house prices. If you agree with this message, visit AustralianPropertyForum today!
GHPCAndersB 9 months ago
It's not all about the debts of property speculators. You will not get a voice of all Australians if you want to talk mortgages.
dibbsonline 9 months ago
A new Shakespeare of Advertising!
Well done Mark, I am certainly putting a few dollars into YBR now.
You are unstoppable!
rowanshole 9 months ago
wow, you're brainwashed.
ByeByeBelly 2 years ago
After seeing Mark Bouris' behaviour on The Apprentice, I don't respect him. Silly.
Plus he acts like his business is all about helping people. It's not. His business is all about taking people's money, as much interest as he can.
ByeByeBelly 2 years ago
You have charisma, What a delightfull man, only wish I could no you better.
coolbreezes57 2 years ago