Published: 04/03/2021
Category: Member Benefits
Published: 04/03/2021
Category: Member Benefits

New ISA analysis released last week shows what we all knew: pouring people’s super into the property market would significantly jack up house prices.

Inflated house prices may be secondary to those backbench MPs who own multiple investment properties and have 15 percent super to fall back on, but for aspiring homeowners dealing with already high house prices and a low super rate, it would be a tragedy.

Opening super for first home buyers’ housing deposits could inflate major capital city median property prices by between 8-16%, ISA’s preliminary analysis shows.

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Petrol on a bonfire

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Petrol on a bonfire