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ANZ Research paper says low interest rates, not negative gearing or stamp duty, are causing house prices to rise so dramatically.
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Not everyone is in a position to secure a mortgage and maintain loan repayments, so as a society and community it’s important to take reasonable steps to ensure fairness and do what we can to prevent homelessness and improve housing affordability.
ACIL Allen Consulting was commissioned jointly by the Real Estate Institute of Australia and the Property Council of Australia.
Housing affordability has improved nationally, but is still worse compared to the same time last year.
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