Ross Greenwood with John Symond

Ross Greenwood speaks to John Symond as interest rates begin to rise, however Symond says it is not to the point of a ‘credit squeeze’.

In saying that, he does not have good news for first home buyers.

‘First home buyers are the most squeezed of any group trying to get into housing, I think it’s going to stay that way,’ Symond said.

‘There doesn’t seem to be a silver bullet, governments don’t seem to be too fussed.

‘It’s damn tough.’

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