Cost of Living Secrets: Housing

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Source: SBS News

Cost of Living Secrets
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Presented by Ricardo Goncalves, Peggy Giakoumelos
Source: SBS News

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The average new home loan size hit a record high in December 2024. According to the bureau of statistics that is now $666,000, making it difficult for first time buyers to enter the market. Curtin University’s Professor Rachel Ong ViforJ looks closely at the pros and cons of housing entry schemes such as the first homebuyers grant and shared equity schemes.

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