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First time home buyers in metropolitan Perth 1979 – 1984
Since 1979 interest rates on housing loans have risen sharply affecting the ability of many households to buy their first home. This article documents the changes in the socio-economic profiles of first home buyers using building society funds in metropolitan Perth between 1979 and 1984.
It also comments on how building societies have reacted to changes in the financial market which have made housing loans from savings Banks more attractive to 1st home buyers.
The article concludes by looking at Govt. assistance to 1st home buyers in terms of the concept of neutrality.
First time home buyers in metropolitan Perth 1979 – 1984
Since 1979 interest rates on housing loans have risen sharply affecting the ability of many households to buy their first home. This article documents the changes in the socio-economic profiles of first home buyers using building society funds in metropolitan Perth between 1979 and 1984.
It also comments on how building societies have reacted to changes in the financial market which have made housing loans from savings Banks more attractive to 1st home buyers.
The article concludes by looking at Govt. assistance to 1st home buyers in terms of the concept of neutrality.
First time home buyers in metropolitan Perth 1979 – 1984
Jackson, J.T. (author)
Urban Policy and Research ; 3 ; 25-32
1985-06-01
8 pages
Article (Journal)
Electronic Resource
Unknown
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