Category: Housing
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Why the First Dwelling Proprietor Grant has failed as a housing coverage
If Victoria decides to scrap the primary First Dwelling Proprietor Grant (FHOG), it’ll finish a populist coverage that solely serves to “warmth up” the housing market, in line with specialists. Dr Michael Fotheringham, managing director of the Australian Housing and City Analysis Institute (AHURI), mentioned elevating costs is the legacy of the FHOG scheme. “The…
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Alan Kohler: Crises that weren’t, aren’t and by no means will probably be, plus one that actually is heating up
For 18 months our hair has commonly been set alight by panics which have didn’t dwell as much as their early promise. When Russia invaded Ukraine on February 24, 2022, there was a world panic about vitality and meals costs (to which your correspondent contributed enthusiastically, twice). However after an preliminary spike, the costs of…
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Renter confidence returns to all-time lows
Dwell Renter confidence stays in tatters, with sentiment amongst tenants returning to record-low ranges. Rising rents probably fed into the decline in renter confidence as sampled by ANZ and Roy Morgan each week. Confidence among the many housing group fell again to its latest all-time low first reached in mid-Might. Tenants have been enduring surging…
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Tons of of Australian suburbs endure double-digit lease hikes
Australia’s rental disaster has hit a recent inflection level, with new figures exhibiting greater than 40 per cent of homes and items available on the market have skilled double-digit value rises yearly in Might. Knowledge printed by CoreLogic on Thursday revealed nearly 1700 suburbs have recorded annual rental will increase of 10 per cent or…