4 out of 5 first home buyers are locked out of property in Sydney and Melbourne, a new report has found
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4 out of 5 first home buyers are locked out of property in Sydney and Melbourne, a new report has found

  • New analysis released by the National Housing Finance and Investment Corporation (NHFIC) examines housing affordability in terms of income bracket.
  • The majority of property in Sydney and Melbourne is only affordable for the top earning 20% of first home buyers.
  • It rounds out a year that has seen increasing scrutiny of the government’s policies to tackle housing affordability.
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