Homes Policy News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Superannuation, one of the jewels of our finances, has been under attack recently, with encouragement for the young to plunder it during Covid. By contrast ‘boomers’ enjoy the triple whammy of super, pension and untaxed house wealth. Raising home ownership to 80% or beyond has the long-term effect of levelling up this inequality for the young as they get older.

Several years of low interest rates have seen a rapid rise in house prices, beyond their real value, and that encourages those who already have a house to acquire another, and then to use that house for income. And Covid has only accelerated that process in two ways.