Video: What does the new Labor Government mean for property?
We have a new government…
A new Prime Minister…
But more importrantly, a new plan for property.
I’ve deep dived into Labour’s potential plans for Aussie property, the good, the bad, and profittable.
Here’s the points I’m covering:
Although the ‘Help to Buy’ scheme is expected to be popular among buyers, it could lead to negative equity if the market continues to decline.
The new Labour Government is avoiding downward pressure on home prices by implementing price caps and income caps.
The Labour party noted the housing crisis is hitting regional Australia the hardest, but regional Australia’s dwelling value to income ratio is still lower than the capital cities.
