Business
Tasmanian property market pushing home buyers to take risks without legal safety net – ABC News
Homebuyers trying to secure a property in Tasmania’s ultra-competitive market are feeling pressure to take risks to make their offers more attractive, prompting…
For Tasmanians trying to buy a home in 2021, hope can be a dangerous emotion.
Key points:
- Over the past 12 months, house prices have grown by 8.7 per cent in Hobart and 13.8 per cent in regional Tasmania
- Hopeful home buyers are feeling pressure to take risks by not asking for building inspections and cooling-off periods
- There are calls to introduce laws that would protect home buyers against potential problems with the homes they buy
Georgia Heiniger and her partner have been trying to secure their…
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