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Sydney housing bubble seen surviving tepid speculator curbs

Surging home prices have eroded affordability and helped make Australians among the most indebted in the world

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Lending to investors is near a record high. The proportion of home lending to speculators rose to 40.8 per cent in March, just shy of the 40.9 per cent record in December.

Sydney

AUSTRALIAN regulators are flashing warnings. Banks are vowing to curb lending. And that may not be enough to damp runaway housing prices.

At the urging of the financial services watchdog, the nation's biggest mortgage lenders, including National Australia Bank, plan to trim

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