House repayments across Australia were at their lowest level for 16 years in the second quarter of this year, according to the latest ABS figures, but the average first home buyer is waiting an additional 15.12 weeks to save a deposit.
Tagged: housing affordability
Prices fall, as well as affordability: housing paradox
Our brand new housing affordability index reveals that even though the latest available ABS figures (December 2018) show a drop of 2.4% in average house prices in the last quarter of last year, houses were actually 1.2% less affordable at the same time
Labor’s housing affordability mess: profit for the few, pain for the many
Labor's two-pronged housing affordability package has them rowing the same boat in both directions, expending a lot of taxpayer dollars and going nowhere.
Bill Shorten at Press Club confused over negative gearing
Labor's problem is this. If abolishing negative gearing is to improve housing affordability it has to decrease prices. But if it decreases prices it decreases the savings of all home owners.
Chris Bowen serial offender on negative gearing
Chris Bowen claims Australian property "concessions" are the highest in the world, getting it wrong twice in the same sentence.
Housing affordability – the deposit gap
This analysis shows the major issue with housing affordability is the time it takes to save a deposit, not negative gearing, and that mortgage repayments themselves are quite affordable by the standards of the last 23 years.
Kohler’s mistakes underline why negative gearing is threatened
One of our best economic commentators makes fundamental errors about negative gearing, the ABCC and housing prices.
Shorten in policy disarray on housing affordability and negative gearing
This morning Bill Shorten admitted on ABC Radio’s AM program that Labor’s negative gearing policy would not achieve its headline goal as a “Positive Plan to Help Housing Affordability”.
Negative gearing policy channels mining tax debacle
The Labor Party’s negative gearing policy has the potential to become a rerun of its mining tax – creating major upheaval and uncertainty but raising very little additional revenue.