First-home buyers’ scheme driving up prices, rental vacancies at record lows | ABC NEWS
A new study by Cotality has found the federal government’s support scheme for first home buyers is driving up home values in the low-value segment.
The property data research firm has labelled the policy a ‘band-aid solution’ which only boosts short-term demand and does not address a shortage of supply.
Meanwhile, Domain has found rental vacancies have fallen to record lows across most capital cities.
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