‘Harder and harder’: Young people struggling to get into housing market

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Concerns have been raised for young people getting into the housing market after a video surfaced comparing buying a house in 1983 to 2023.

“It does get harder, and harder and harder for people to get into the market,” said Sky News host Caleb Bond.

“Particularly, when you got things like a seven per cent rate of inflation, interest rates are going through the roof, I honestly don’t know how people are going to get their foot in the market anymore.”

 

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