Real estate agents are wasting their breath calling for a removal of Loan to Value Ratio restrictions. There is no chance they will be removed prior to the election, nor should they be.
Though the housing market has cooled there is a risk that it will bounce back post-election as spring takes hold. That would be a disaster for first home buyers.
We know that population pressure is still far stronger than the rate on new building.
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Demands are growing for first-home buyer house lending restrictions to be relaxed. Photo / Michael Craig