More on the UBS report

September 14th, 2017

Having now read the actual UBS report and tested it against some of today’s furious and sure, self interested criticisms by MFAA and FBAA, it doesn’t seem that robust to us. It’s based on a tiny sample and reveals other dubious methodologies.

That tightening lending standards are actually beginning to bite, rather than liars being caught out, makes more sense of the anecdotal feedback we get and is a simpler explanation for the low auction clearance rates being reported by some local agents relative to mainstream media.

Similarly, while the UBS report respondents say it’s just as easy to get finance now as before, why are more of them now having to lie than before to get it?