Noel Whittaker argues that Australian house prices are driven mainly by borrowing capacity and government charges on new homes, not by investors or tax concessions. Here is what that means if you are managing a mortgage, planning to downsize, or trying to help an adult child into the market.
Noel Whittaker's September newsletter looks at five years of price rises and the collapse of a major Sydney developer. His warning: Australia has hundreds of property markets, and a plan that only works if prices keep rising is a fragile plan.
Noel Whittaker weighs into the debate about opening up super for house deposits — and explains why the system only works if it keeps its one job. Our summary, with a link to the full column.
