First Time Buyers Dudded, Again!

CBA recently published research showing that more housing was unaffordable, and that was based on two full incomes going to pay the mortgage. Now another report from Domain and Unloan shows that aspiring house buyers in Sydney are indeed largely priced out from the cheapest segment of the market after interest rates and home prices … Continue reading “First Time Buyers Dudded, Again!”

First Time Buyers Are At The Pinnacle Of The Building Defects Boom!

I have been covering the disgusting story of construction defects across Australia for some time. In January we published a post titled “Wanted: More High-Rise Purchasers Willing To Play Russian Roulette! First Time Buyers are the biggest victims! And lets be clear, while the problem is Australia-wide, New South Wales does appear to be at … Continue reading “First Time Buyers Are At The Pinnacle Of The Building Defects Boom!”

First Time Buyers Are At The Pinnacle Of The Building Defects Boom!

I have been covering the disgusting story of construction defects across Australia for some time. In January we published a post titled “Wanted: More High-Rise Purchasers Willing To Play Russian Roulette! First Time Buyers are the biggest victims! And lets be clear, while the problem is Australia-wide, New South Wales does appear to be at … Continue reading “First Time Buyers Are At The Pinnacle Of The Building Defects Boom!”

Kiwi First Time Buyers Getting A [Brief?] Look-In?

New Zealand’s house price slump has given first-time homebuyers a welcomed leg up in their quest to purchase a property, but it may be a short-lived opportunity. For a certain segment of the nation’s would-be homeowners — those armed with sizable deposits and solid incomes — 2023 has been a heartening year, with first-time buyers … Continue reading “Kiwi First Time Buyers Getting A [Brief?] Look-In?”

The First Time Buyers Dilemma

My latest reflections on the problems facing prospective first-time buyers, as borrowing power is shrinking faster than prices, and expenditure measures work again being able to get into the market. Some are hoping for rates cuts soon, but that I doubt, though it is possible APRA will reduce the 3% buffer for some minor relief. … Continue reading “The First Time Buyers Dilemma”

What First Time Buyers Should Know

This is an edited replay of our live Q&A where I discuss the challenges facing First Time Buyers in the current market. I was joined by Veronica Morgan, a Buyers Agent, Co-host of Elephant in the Room Podcast, and the Home Buyer Academy and Meighan Wells. Meighan Wells & Veronica Morgan are co-founders of Home … Continue reading “What First Time Buyers Should Know”

The First Time Buyers Dilemma [Podcast]

Steve Mickenbecker is a member of Canatar’s executive team and is a key financial commentator for the Canstar brand. He is active in all media as a commentator and educator across the finance range. Live event on Tuesday: https://youtu.be/HrMguvnP_SI Go to the Walk The World Universe at https://walktheworld.com.au/