FIRST HOME BUYERS … AND every other home buyer caught up in this ‘driven’ sky-high property Ponzi is being hit with an ‘emotional rollercoaster’ …
WITH a daily chore of searching the online listings … chasing agents, driving up and down the motorways …
From finding ‘a dream’ at the outset … down to ‘a place’ … forking out for inspections, holding deposits to learn it is at ‘high risk!’ …
Again and again over months! Competing with cashed-up investors, overseas buyers, and owner-occupiers who will sell for $2M or more …
Many have to forget about being close to family and friends or finding a sound investment as prices gallop …
So what is out there?
… termite muddying up into the roof … water penetration … loose-fill asbestos insulation … concrete cancer in the floor slab under the new timber laminate …
That’s apart from busy motorways nearby … a line of power stanchions at the back corner …
AND the dilapidated … yep!
BUYERS find they are losing it … having sold the family home last year the question is will they find another to call home?
It’s about safety … SHELTER … and needs on your own … your family’s inheritance diminished through no fault of your own
Meanwhile the Spin Doctors for the sector daily report house prices rising to lure more sellers … and the likes of that Bernie suggesting Millennials are wasteful and living high … are locked out on low wages! Even Young Professionals are locked out!
All buyers lives are on hold it is not a personal failing … it is a failing of those Who have put the inept there to preside over this shemozzle …
READ MORE about the impact on First Home Buyers …
‘First Home Buyers hit with ‘Emotional Rollercoaster’ trying to break into Sky-High Property Market’
COMMUNITY ACTION ALLIANCE FOR NSW (CAAN): HOUSING INEQUALITY WITH AUSSIES LOCKED OUT! 