Loans needed for swamped homes: expert
The government should provide special loans to people who lose their homes to rising sea levels caused by climate change, a leading economist says.
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Housing loans to drive bank lending, says Citi
Bank lending growth in Singapore likely to continue for rest of this year, driven by demand for housing loans, says Citigroup, according to Dow Jones. Total loans in May +8.0% on-year, +1.5% on-month, with housing loans +20.7% on-year, according to latest official data. “We expect double-digit mortgage growth to sustain through year-end despite several rounds of property cooling measures. The …
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Green loans: Less talk, more action
Julia Gillard’s convenient description of her predecessor’s government as a good one that had “lost its way” could be used to describe some of Kevin Rudd’s key programs – not the least his Green Loans scheme to promote energy efficiency in homes.
Read more on Australian Broadcasting Corporation