The Unbankable Wall: Credit Veto Structurally Constrains 42% of Housing Pipeline, Structurally Impedes National Accord
A 29.8% collapse in apartment approvals signals a systemic failure in Australia's housing supply pipeline. APN analysis identifies a 'Credit Veto' from major banks, driven by a new 20% margin hurdle, has rendered an estimated 42% of the development pipeline...
