Budget 2022 | What does it mean for property in Australia?

$2 billion for affordable housing and a doubled Home Guarantee Scheme headline a pre-election federal budget. UDIA national president Max Shifman warned that supply must be boosted immediately or the looming affordability crisis will overwhelm first home owners, renters and vulnerable Australians.

As I told propertymash.com: “Unless we boost supply immediately, the looming affordability crisis will be overwhelming – particularly for first homeowners, but also affordable rentals and vulnerable Australians relying on subsidised housing,”

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propertymash.com, 30 March 2022Read the full article