More collaboration with academic institutions and research institutes such as the one we now have with Griffith could help address this. Going forward, we have to establish a system of measuring the quantity and quality of our research outcomes.
Many borrowers who were previously excluded from the market now have access to affordable credit and can enter the housing market. A particular phenomenon that is widespread across the Atlantic but is starting to spread over here is equity withdrawals, whereby homeowners use the accumulated equity in their houses to finance current expenditures.