No Domainfax, first home buyers haven’t “shut out investors”

Thursday 9 November 2017

I’ve read some dumb headlines in my time, but this one yesterday from Domainfax – “Government restrictions bite as first home buyers shut out investors” – is up there. Sadly, the article isn’t much better:

Investors are being pushed out of Australia’s housing market with government regulations generating a 6 per cent drop in investor loans as first home buyers record “strong growth” for the first time in years…

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.