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RE: Tighter Lending Standards will lead to massive losses in Australian Property.
Its not a problem as long as people hodl and can afford to repay. Thats why extra repayments while interest rates are low is key. will be interesting to see how far it will drop but I believe its more of a correction than a crash. From memory property is 27 percent above the trend. So if it drops 27 percent its a correction ;) if other factors like unemployment come into play, well it could turn into something more sinister. Its looking grim for the developers and construction industry.
I appreciate your comment and if it drops 27% I will be delighted - cause I am looking to buy , having sold early this year, before the Royal Commission. For most people though tighter lending standards are going to mean they cant buy what they want even if it drops by 27-35% , cause the banks want lend them the money
Good luck and hope you find something :)