Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1079 UNLOCKING AFFORDABLE LIVING: AUSSIE REAL ESTATE DREAMS ⏳
Ever wondered why buying a house seems like a more daunting task than it was for your parents? That's because it is! We dig deep into the harsh realities of homeownership in New South Wales, bringing to light how it now takes three times longer to save for a deposit, compared to the 80s and 90s. Shockingly, the share of homes affordable for the average income has nosedived from 27% in 2009 to a meager 7% today. But don't fret, we also spill the beans on potential solutions for first-time buyers and discuss various government schemes that aim to alleviate this burden.But it's not all doom and…
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