The #AUStriches #HousingPonzi rolls on with AMP now offering 10-year interest only loans with no reassessments aimed at retirees and pre-retirees.
You never know when the peak is in until you look back, but this seems like it might be pointed to in the aftermath as an obvious point where shit was out of control.
https://www.amp.com.au/about-amp/news/2025/may/AMP-Bank-launches-new-10-year-interest-only-occupier-home-loan-with-no-reassessment-
stacksatsio / StackSats.IO
npub10j…lvcrd
2025-05-05 08:46:28
Author Public Key
npub10jnx6stxk9h4fgtgdqv3hgwx8p4fwe3y73357wykmxm8gz3c3j3sjlvcrdPublished at
2025-05-05 08:46:28Event JSON
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