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@ StackSats.IO
2025-05-05 08:46:28The #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-