Business
First home buyers are racing to buy — but rising prices put home ownership ‘further out of reach’ – ABC News
First home buyers are helping prop up the property market during a pandemic — but a feedback loop is emerging where rising prices are simultaneously making it harder…
First home buyers are helping prop up the property market during a pandemic but a feedback loop is emerging where rising prices are simultaneously making it harder than ever for some to buy their first home.
Key points:
- Home loans for first home buyers are at their highest level since 2009
- Some first home buyers are taking advantage of low interest rates and government schemes
- Prices are rising despite downturn predictions which makes it harder for lower income buyer
Despite initial predictions that…
-
Business24 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
Noosa News24 hours agoYIMBYs vs NIMBYs as the battle for affordable housing moves into your backyard
-
Business20 hours agoThe ultimate Australian stocks to buy and hold for 10+ years
-
Noosa News24 hours agoConstruction complete on much-wanted pedestrian bridge