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Economy Finance

Savers Punishes and Spenders Rewarded | $135,000 Deposit & Priced Out of the Housing Market

Savers are being punished and priced out of the market, while irresponsible spenders are entering the market by withdrawing their super and having the government guarantee their home loans.

#RealEstate #Housing #HeiseSays

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Savers are being punished and priced out of the market, while irresponsible spenders are entering the market by withdrawing their super and having the government guarantee their home loans. When will people learn that government isn’t the solution to our housing affordability crisis, but the cause?

References

Sydney family who saved $135,000 unable to buy a house in ’worst’ suburbs

https://www.news.com.au/finance/real-estate/buying/sydney-family-who-saved-135000-unable-to-buy-a-house-in-worst-suburbs/news-story/e815da9c4b27ef068eb6407eb4e4b8ce