Canberra price rises push houses out of reach of first-time buyers despite government aid | ABC News

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ABC News (Australia) published this video item, entitled “Canberra price rises push houses out of reach of first-time buyers despite government aid | ABC News” – below is their description.

New home buyers say a federal scheme that is meant to help them enter the property market is effectively redundant, as its cap of $500,000 is too low in Canberra’s supercharged market.

But an economist says raising the cap could inflate house prices further.

ABC News (Australia) YouTube Channel

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About This Source - ABC News (Australia)

The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

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