Next month’s budget is an opportunity for the government to move beyond its ‘I feel your pain’ rhetoric to a HomeKeeper-style policy for this particular group of temporarily squeezed Australians.
Europe’s ageing population means that Generation Z stands to inherit huge amounts of property in the coming years, resulting in reduced demand for mortgages.
Transferring the tax burden away from people’s earnings and back on to the value of any land that they own would reframe housing as a home, not an asset.
It’s now common knowledge loans and gifts from family are a large part of breaking into the housing market. But how is parental financial support being used in other areas?
For better or worse, debt is a part of everybody’s financial portfolios. Solid financial planning will help you keep your eye on the prize of wealth accumulation.
What happens when you owe more on your mortgage than your house is worth? Negative equity is a growing concern for some homeowners, but how real are the risks?