How young Aussies face an $85k bill – each! – because of Albo’s economic plans that were meant to help: PETER VAN ONSELEN
- Van Onselen says Labor's housing scheme left buyers over-leveraged
- Falling prices could cost young Australians about $85,000 each
- Rate rises and tax policy reversals blamed for market downturn
Columnist Peter van Onselen argues that the Albanese government's first home buyer policies have left young Australians dangerously exposed as property prices begin to fall. He contends that Labor's five per cent deposit scheme encouraged buyers to take on 95 per cent mortgages, while the government's own inflationary…