Let’s look at the story of a Young Man who managed to buy an apartment at 21 but worries he might have rushed into the market and whose parents are now paying his mortgage. Would it have been smarter to stay in the share market?
Red tape is inflating the housing construction costs. Perhaps it’s time to change legislation?
Labor politicians are complaining that the 2% government-guaranteed home loans are not good enough.
55% of Tasmanian’s with a mortgage are in crisis according to a recent choice survey.
Houses are gaining $50k per month.
Let’s look at the example of a 20-year-old First Home Buyer and see how she managed to get into the market.
The Bank of Mum and Dad is nearly bigger than Suncorp having lent $29 billion to first home buyers.
First home buyers are having to save for over a decade in some cities to just get a deposit.
First Home Buyers Urged to Jump into the Market as first home buyers are being encouraged to take on high debts for remote or tiny homes.
Saving $100,000 for a deposit isn’t enough for first home buyers struggling to get into the market.