buying off the plan

Another bank blacklists 140 suburbs

I recently wrote that the ANZ Bank has a list of more than 50 “no-go investor postcodes” it was concerned about. Now the Australian Financial Review report that AMP Bank also have a confidential black list of more than 140 suburbs where they are wary of lending for apartments based on growing concerns about oversupply of off-the-plan apartments and, in some areas, falling…