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Housing market ‘fix’ may be making it worse
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Housing market ‘fix’ may be making it worse
GOVERNMENT ATTEMPTS to “fix” the housing market could be contributing to the very affordability crisis it was trying to solve. Property market analysts have warned that generous first-home buyer support could be partly fuelling the high inflation that has prompted the RBA to hike interest rates, making housing pricier. And scrapping these government incentives may go some way in slowing a recent surge in inflation, a prominent economist claims. …
·Sydney, Australia
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