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Are house prices about to take off again?

The Fin

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Reforming Home Buyer Assistance

This chapter examines proposed changes to the First Home Buyer Guarantee Scheme, aimed at enhancing accessibility for first-time buyers. It discusses the potential consequences of increased demand on housing prices amidst a backdrop of inadequate supply-side responses. Additionally, the chapter delves into the role of monetary policy, including interest rate cuts, and emphasizes the need for improved housing supply and rent assistance to tackle the affordability crisis.

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