9News: Home Ownership May Be A Dream

Home Ownership May be a Dream

Ross Greenwood: The Grattan Institute says home ownership rates have fallen for low to middle income owners, while higher income households have barley been affected by the big rise in house prices in the past eight years.

Middle income households spend an average of 28 per cent of their pre-tax income on rent or mortgage payments, the report says.

Financial stress on households has increased despite record low interest rates. Young home buyers, the report says, are being forced into the outer suburbs of capital cities – further away from their place of work, putting pressure on roads and public transport.

The Grattan Institute recommends changes to capital gains tax, negative gearing, and a slowdown in immigration to take pressure off house prices.

In response, The Housing Industry Association says more land needs to be freed up, and has called for stamp duty to be abolished.


9News: Property Prices Plunge

Interviewed  Scott Morrison, Treasurer, Federal Government titled ” What has changed since the May budget?

Interviewed  Rob Klaric, Partner, The Property Expert titled ” Is the property boom over?

Interviewed  Stephen Anthony, Chief Economist, Industry Super titled ” How the housing crisis is changing the Australian dream

Interviewed  Bernard Salt, Demographer, titled ” ‘Smashed Avo’: One year on

Interviewed  Daniel Gradwell, Senior Economist, ANZ Bank titled ” Younger people waiting later in life to form new households

Interviewed  Stephen Anthony, Chief Economist, Industry Super titled ” Why our retirement savings may be at risk

Interviewed  Professor Roger Wilkins, Author, Melbourne Institute titled ” Budget pressure to be passed to the next generation

The Today Show’s Money Minute – August 2 2017 Life, Family, Money

Interviewed  Lindsay David, Founder, LF Economics titled ” Housing: “The Ultimate Ponzi Scheme”

Newsletter – June 2 2017

Interviewed  Gladys Berejiklian, Premier, NSW titled ” NSW Premier Gladys Berejiklian – Housing Affordability Package

Previous: Pizza business has phone cut off after refusing NBN service
Next: Caltex breaches workplace laws

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

295 More posts in Home Loans category
Recommended for you
Why has house prices fallen so sharply?

Ross Greenwood speaks to CoreLogic Head of Research Tim Lawless after Sydney house prices have fallen nearly...