In 2008 we set ourselves a goal: to own our home within 10 years. We've poured our income into the mortgage payments, and January 2018 will be the last one.
As rising house prices are making it more difficult to get into the property market, first-home buyers are faced with the question: is it best to pay lenders mortgage insurance (LMI) and jump into the market now, or wait and save a higher deposit?
Fast trains, technology and incentives to relocate would go a long way towards encouraging people out of metropolitan Australia and into our regional areas.
Federal Budget initiatives go some way towards helping first-home buyers, but the government is still overlooking the one thing that will make a real difference.
Our latest Real Estate Guide couldn't have come at a better time, as the federal budget announced a number of initiatives to improve housing affordability and make property more accessible.
Housing worries have pushed consumer confidence to its lowest level since mid-2016, according to the Westpac-Melbourne Institute Index of Consumer Sentiment.
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