Australian Bank Tells Distressed Property Investors to Sell

Australian Bank Tells Distressed Property Investors to Sell
A Commonwealth Bank of Australia logo adorns the wall of a branch in Sydney, Australia, May 8, 2017. David Gray/File Photo/Reuters
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Commonwealth Bank of Australia (CBA) is encouraging distressed property investors to take advantage of the surging house prices and sell their properties.

Listing investment properties on the market is one of several options the bank is suggesting for customers who are unable to repay their home loans, according to The Australian.