Sydney and Melbourne house prices are forecast to decline in 2026, but borrowing capacity is shrinking faster than prices are falling, leaving many aspiring homeowners further from affording homes. Rising interest rates and tighter lending conditions are reducing how much buyers can borrow despite falling property values.
Actually some house prices are rising and some are falling. There are differences all over the country. Who cares what people spend their money on? If aspiring homeowners end up buying years after they would have preferred to then so what? SBS seems a little too preoccupied with home ownership. Its an affordability challenge! Oh no, there is a "growing disconnect". Crikey!
Bowen says "Most importantly of all, we've got to do something about the aspiration of Australians to buy their own home." Why does he say this?
The government does the same thing with fuel prices. They pretend there is a proper or normal price for things. How bizarre.
Ah another propaganda article trying to blame the central bank rather than the ridiculous inflation that we have gone through and will be going through thanks to warmongering nations and of course, blatant corporate profiteering by places such as colesworth and I hear insurance companies too, oh and landlords of horse.
Topicle Beta
3 comments
Sydney and Melbourne house prices are forecast to decline in 2026, but borrowing capacity is shrinking faster than prices are falling, leaving many aspiring homeowners further from affording homes. Rising interest rates and tighter lending conditions are reducing how much buyers can borrow despite falling property values.
Actually some house prices are rising and some are falling. There are differences all over the country. Who cares what people spend their money on? If aspiring homeowners end up buying years after they would have preferred to then so what? SBS seems a little too preoccupied with home ownership. Its an affordability challenge! Oh no, there is a "growing disconnect". Crikey!
Bowen says "Most importantly of all, we've got to do something about the aspiration of Australians to buy their own home." Why does he say this?
The government does the same thing with fuel prices. They pretend there is a proper or normal price for things. How bizarre.
Ah another propaganda article trying to blame the central bank rather than the ridiculous inflation that we have gone through and will be going through thanks to warmongering nations and of course, blatant corporate profiteering by places such as colesworth and I hear insurance companies too, oh and landlords of horse.
But it must be the interest rates mainly hmmm