Investment changes fail to deter property investors: Mortgage Choice

Investment changes fail to deter property investors: Mortgage Choice
Investment changes fail to deter property investors: Mortgage Choice

The majority of potential property investors remain undeterred by APRA's recent changes in investment policy, according to new research by Mortgage Choice. 

54% of respondents to Mortgage Choice's 2015 Investor Survey plan to continue with their investment plans regardless of changes to investment lending policies.

Mortgage Choice chief executive office John Flavell said 70% of respondents believed now was still a good time to invest.

“While on average 54% of investors said the changes wouldn’t affect their investment plans, the story was a little different for Gen Y buyers,” Mr Flavell said.

“Baby boomers by comparison, were far less likely to be put off by the changes, with just 30% saying any changes would affect their property investment plans.

“Our data shows an increasing number of investors are actually Gen Y’s who are purchasing property for the first time. For many younger buyers, purchasing an investment property before an owner occupied property gives them the opportunity to purchase where they can afford while still living where they want."

Tags: 
Investment APRA

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