Housing repayments were more affordable in the first quarter this year than the last quarter in 2021, but interest rate hikes since then will reverse this.
Tagged: Housing
Australian Housing Affordability Index September 2021
The latest Australian Institute for Progress Housing Affordability Index shows housing affordability improved slightly in the September Quarter, 2021. This was as a result of price falls in Melbourne, while they stayed almost stationary in Sydney.
Record unaffordability looms and points to downturn even without rate rises
House prices are likely at a peak, with or without interest rate rises, as they nudge levels of unaffordability last seen just before the Global Financial Crisis.
Housing affordability index December 2020
The latest AIP Housing Affordability Index shows that while house prices have risen there is scope for them to rise much further before they become unaffordable, judged on an historical basis of what purchasers are prepared to pay.
Use super savings to solve housing affordability crisis
We've renewed our call for first home buyers to be able to borrow from their superannuation account towards their deposit based on a new study: "Superannuation and Housing: growing the cake and eating it too".
Queensland Parliament to investors: What’s yours is ours
The state government can find $200 million for the rescue a 90% foreign-owned airline like Virgin, but is happy to throw Queensland investors under a bus.
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.
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.
Facts not fictions
Queensland-based policy think tank the Australian Institute of Progress, has called for a truthful election campaign, saying the choices facing Queenslanders were too important to permit political fictions and misinformation.