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The one major benefit and multiple hidden dangers of buying a Brisbane home with a 5% deposit

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Manage episode 509233500 series 3351066
Content provided by Nine Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Domain's Chief of Research and Economics, Dr. Nicola Powell joined Jason Matthews to detail the massive expansion of the First Home Guarantee, which now has unlimited places and allows buyers into the Brisbane market with just a 5% deposit for properties up to $1 million.

However, Dr. Powell cautions that this demand-side scheme doesn't change mortgage serviceability rules and will likely elevate property prices.

See omnystudio.com/listener for privacy information.

  continue reading

131 episodes

Artwork
iconShare
 
Manage episode 509233500 series 3351066
Content provided by Nine Radio. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Nine Radio or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Domain's Chief of Research and Economics, Dr. Nicola Powell joined Jason Matthews to detail the massive expansion of the First Home Guarantee, which now has unlimited places and allows buyers into the Brisbane market with just a 5% deposit for properties up to $1 million.

However, Dr. Powell cautions that this demand-side scheme doesn't change mortgage serviceability rules and will likely elevate property prices.

See omnystudio.com/listener for privacy information.

  continue reading

131 episodes

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