BackMost Australian First Home Buyers Using 5% Deposit Scheme, Many Above Previous Income Caps

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Guardian World1 g önceReal_estate

Most Australian First Home Buyers Using 5% Deposit Scheme, Many Above Previous Income Caps

first home buyers housing affordability government scheme

L'essentiel

Australia's 5% deposit scheme for first home buyers is being widely used, with a significant portion of new participants earning above the previous income caps.
Economists suggest this has inflated property prices by increasing buying capacity for those who would have purchased anyway.

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Australia's 5% deposit scheme for first home buyers is being widely used, with a significant portion of new participants earning above the previous income caps. Economists suggest this has inflated property prices by increasing buying capacity for those who would have purchased anyway.

Read the full article on Guardian World

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Sujetshousing affordability government scheme property prices income caps lenders mortgage insurance Housing Australia

This article was originally published by Guardian World.

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