With escalating house prices, stagnant wages, and low interest rates what needs to be done to help young Australians get into the property market?’
Continue reading “Home unaffordability part 3: Where to next?”
New Scheme for First Home Buyers Falls Short of the Mark
The First Home Super Saver Scheme (FHSS) is a new initiative that passed into law on 13 December 2017. The scheme allows individuals to save towards their first home deposit within the superannuation system as from 1 July 2017.
The FHSS is the government’s response to helping Australians with housing affordability. But is it enough? In Part 2 of our 3-part series on Housing Affordability, we ask whether or not the FHSS is the saviour of the great Australian dream, or is it too little too late?
Continue reading “New Scheme for First Home Buyers Falls Short of the Mark”