The government's last-minute mortgage insurance scheme is yet another counterproductive housing policy set up to fail.
Good morning, early birds. Both major parties have appealed to younger voters with a loan scheme targeting first home buyers, and Newspoll has Labor maintaining its lead a week out from the election. It's the news you need to know, with Rachel Withers.
Michaelia Cash's salty language ... Glenn Lazarus' balls ... Turnbull's pollie waffle ...
Increased lending among owner-occupiers and investors is of little surprise given historically low rates. But this growth is unsustainable so long as first home buyers are priced out of the market.
The first-home owner grant recklessly shifts wealth towards home owners and investors, doing nothing to improve affordability. It needs to be addressed.
Despite the low success rate, governments continue to offer small sums of money to first-time buyers and wonder why it never works. Property guru Terry Ryder of Property Observer explains.
The lack of feasible and affordable new properties and the consequential stagnation is producing a ripple effect of unfortunate consequences, writes property expert Catherine Cashmore.
Regardless of the accuracy of the Demographia report, Australia's housing market is definitely unaffordable for those trying to get into it. Analyst Catherine Cashmore explains why.
It has taken a few days for the immediate impact of the NSW budget housing initiatives to sink in, writes Jonathan Chancellor of Property Observer.