Monthly : June 2015
According to REIQ (Real Estate Institute of Queensland), the issue of housing affordability can be resolved by -
Increasing Housing Supply
Reducing the Stamp Duty
Financing First Home Buyers
Antonia Mercorella, Chief Executive of REIQ, said, “In Brisbane, housing affordability have reached yet at critical point, but the continuous increase in demand of zero deposit home and land packages Cranbourne, Queensland, Clyde, Brisbane, etc. is going to increase the home prices ine...
Finally, the Australian Government is looking towards housing affordability. With increase in demand of new homes, a slight rise in price of home and land packages NSW has also been noticed. This makes the bad credit home purchase unaffordable. Hence, government has decided to introduce a new budget regarding housing affordability.
In support of this, Mike Baird, NSW Premier, promised that he would help First-home buyers to get break through property markets of NSW by spending up $400 million...
Jun 17, 2015 at 10:59 am | 0 Comments
While the fortifying property business sector may convey preferences to existing owners, it can make it more troublesome for individuals to secure their first home credit. According to the Sixth Bankwest First Time Buyer Deposit Report - the sum expected to climb onto the ladder is increasing, as property costs grow across the nation.
One of the key issues is that house cost growth is surpassing the increase as numerous individuals have found in their compensations over the previous year. In ...