Western Sydney ground zero of investor mortgage crash

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By Leith van Onselen

As MB has illustrated repeatedly, investor mortgage demand is the marginal price setter for Sydney property:

With this in mind, Domain research analyst, Eliza Owen, has penned an interesting report showing how Western Sydney is bearing the brunt of the investor mortgage crash:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.