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Economy Housing Crash

Perth Housing Crashing

#Stimulus #AusPOL #Housing

The West Australian government is hoping that a first home buyers stimulus will help stimulate their declining housing sector. With a short timeframe and a loosening of criteria, it seems like a desperate move, particularly with additional interest rate cuts on the way.

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References

Stimulus starts as Perth house prices fall

https://www.news.com.au/national/breaking-news/stimulus-starts-as-perth-house-prices-fall/news-story/c3288798c8540fb16d7f942d0cb56cf7