First Time Buyers Dudded, Again!

CBA recently published research showing that more housing was unaffordable, and that was based on two full incomes going to pay the mortgage. Now another report from Domain and Unloan shows that aspiring house buyers in Sydney are indeed largely priced out from the cheapest segment of the market after interest rates and home prices rose sharply last year. For now, most aspiring home owners would have to rely on the bank of mum and dad to beef up their deposits, buy an investment property while renting, or consider a “lease to own” model. Buyers have to look further out […]