Houses aren't more unaffordable for first home buyers, but they are riskier
- Written by Jamie Alcock, Associate Professor, University of Sydney
Declining interest rates have been working for home buyers, now they are working against them.ShutterstockClimbing house prices seem to scare people but houses are relatively more affordable today than they were in 1990, it’s actually interest-rate risk that’s the bigger problem for first home buyers.
If you look at latest numbers on...
Read more: Houses aren't more unaffordable for first home buyers, but they are riskier