Proposed changes to negative gearing policy by both the Government and Opposition in a bid to aid struggling first home buyers are misconceived and not based on the reality of what is happening in today’s property market.
"Vast majority" of Australians say home ownership best path to financial security: Westpac
Home ownership is still fundamentally important to Australians, especially those with an Asian heritage, according to The Westpac Ipsos Housing Affordability Research Report.
Affordability is improving, and first-home buyers are back in the market
New data from the HIA shows that housing affordability improved during the September quarter, while Mortgage Choice says loan approvals for first-home buyers are at four-year highs.
Housing finance data confirms fewer first-home buyers
ABS housing finance data shows that lending to owner occupiers has fallen for two consecutive months, while lending to investors has risen for four months in a row.
While the political parties argue about real estate affordability in the lead up to the Federal Election, the Country Liberal Party and the Labor Party have made first-home buyer assistance a major issue in the NT election.
