
Fancy bidding against a super fund for your house?
The Money Puzzle · The Australian
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Show Notes
The Federal government is pushing big super funds into the housing market: That market is currently dominated by 'mum and dad' investors - Would big funds do better? Overseas experience of major institutional ownership of housing shows that rents rise when big funds buy into housing because they need a higher running yield. In turn, traditional buyers get priced out.
Nerida Conisbee, chief economist at Ray White joins Associate Editor - Wealth, James Kirby in this episode.
In today's show, we cover:
- The risk of letting big funds into housing
- Universal 5 per cent Home Deposit to launch early
- Investors monitor accelerated housing incentives
- Good news for renovators - the replacement cost is back to normal
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