News Formal

Second-time buyers ‘increasingly squeezed’ out of new homes market | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The state and investment funds are increasingly squeezing second-time buyers out of the new homes market to a greater extent than first-time purchasers, a new analysis of stamp duty data has shown.

First and second-time buyers are being pushed out of the market by the activity of state and investment funds

Lorcan Sirr, a lecturer and housing policy analyst at TU Dublin, said that both first and second-time buyers are being pushed out of the market by the activity of the state and investment funds, which bought 40 per cent of new homes in 2021.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines