Financing
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One graph that shows why it’s harder for Millennials to buy a house
Homeownership is looking further out of reach for anyone without family wealth, as property prices soar and wages fail to keep up. One metric lays bare the challenge.
- by Elizabeth Redman
Latest
‘Goalposts have changed’: Lending clampdown cuts home buyers’ budgets
Property prices are sky-high, but many people will find it harder to buy as a lending clampdown cuts their borrowing capacity by as much as 15 per cent.
- by Elizabeth Redman
The ‘bank’ first-home buyers are relying on to keep up with prices
First-home buyers are increasingly turning to the bank of mum and dad, with $100,000 cash gifts becoming the norm in some markets.
- by Kate Burke
The houses you can buy for less than $1 million in the major capitals
This segment of the market is hot property even for run-down homes, attracting first-home buyers and growing families as they try to get a foot on the ladder.
- by Tawar Razaghi