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Australia Housing Outlook: Another Leg Down

Tighter underwriting standards and higher debt service burdens continue to sap Australian housing prices, weakening a sector which provided crucial support as mining’s role in the economy diminished in recent years.

Jing Yang

Portfolio Manager, Structured Credit

Ms. Yang is an executive vice president and a portfolio manager in the Newport Beach office. She focuses on StocksPLUS, multi-sector credit and securitized strategies. Prior to joining PIMCO in 2006, she worked in home equity loan structuring at Morgan Stanley in New York. She has 17 years of investment experience and holds both a Ph.D. in ecology and evolution with a focus on bioinformatics and a master’s degree in statistics from the University of Chicago.

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Australia Housing Outlook: Another Leg Down

Australia Housing Outlook: Another Leg Down

Jing Yang

StocksPLUS ® Small Fund Upgraded to Bronze by Morningstar