๐๐ผ๐บ๐ฒ ๐ฏ๐๐ถ๐น๐ฑ๐ถ๐ป๐ด ๐ฎ๐ฝ๐ฝ๐ฟ๐ผ๐๐ฎ๐น๐ ๐ธ๐ฒ๐ฒ๐ฝ ๐๐ฟ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ฑ๐ผ๐๐ป
Whatโs the best way to improve housing affordability and rental affordability?
Arguably, itโs to build more homes.
Thatโs because an increase in housing supply will lead to a decrease in demand from buyers and renters, which will put downward pressure on prices and rents.
However, home building approvals have been trending down for almost two years now, as shown by this new graph and data from the Australian Bureau of Statistics.
That means fewer new homes will be built in coming years โ which will actually put upward pressure on prices and rents.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
