ICA warns the home guarantee scheme expansion will increase property prices by up to 10% in the first year
According to new analysis released by the Insurance Council of Australia (ICA) today, The Federal Government’s plan to dramatically expand the Home Guarantee Scheme (HGS) will increase house prices, make it harder for lower income earners to enter the housing market, and have a negligible impact on home ownership rates, Analysis of the Government’s policy by independent economic consultancy Lateral Economics has estimated that the […]