There s a mismatch here : Economist outlines how the property market is unfair for owner-occupiers Newshub 15/03/2021 © Video - The AM Show; Images - The AM Show/Getty Cameron Bagrie on The AM Show.
Property investors are increasingly taking out interest-only mortgages, making it easier for them to pay off their lending than owner-occupiers.
And a prominent economist believes fixing that imbalance could be key to partially solving the housing crisis, at least on the demand side. We ve got a fundamental problem here, economist Cameron Bagrie told The AM Show on Tuesday. There s a mismatch here between the economic and the social side of the ledger, the gap between the so-called haves and have-nots.
There s a mismatch here : Economist outlines how the property market is unfair for owner-occupiers
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There s a mismatch here : Economist outlines how the property market is unfair for owner-occupiers
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
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As state and territory governments around Australia prepare to hand down their annual budgets in May and June, the political heat around public debt and deficit is set to rise.
The COVID-19 pandemic and accompanying economic crisis has seen public debt in Australia soar to unprecedented levels as money is borrowed and spent on the biggest economic stimulus effort the nation has seen.
The borrow-to-spend approach has the approval, and the financial backing, of the Reserve Bank of Australia but as the economy rebuilds, the question of the mountain of debt that is being accrued â and how to pay it back â will become more pressing.