ABC News – Top stories
·general
·4 hours ago
Five per cent home deposit scheme fuelling price hike, report suggests
New research by Cotality indicates the five percent home deposit scheme is driving up prices at the lower end of the housing market, with homes below government caps rising 6.7 percent since its expansion in October. Critics argue this increases affordability challenges for first home buyers, despite claims of helping 'hundreds of thousands' enter the market.
Summary by Glance · ABC News – Top stories
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