"House Prices Will Not Fall" ... How The Govt's First Home Buyer Support Locks In Today's House Prices⎜Ep. 563
In this episode, we discuss the final parts of the government's housing announcements, which were released earlier in the week. These measures include allowing more first home buyers to access government support and new funding for infrastructure.
Counterintuitively, we argue that more support for first home buyers, particularly those accessing the housing market with a 5% deposit, will actually lock in today's house prices as the government cannot allow hosue prices to drop away.
We also mention that because of these changes we are introducing a new service where Andrew will review investors portfolios to help them decide what changes to make (if any). Read more about the property portfolio review here.
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