Australian first-home buyers have better finances, study finds
RBA research paper finds fewer people are transitioning from renting to owning houses
Fewer Australians are transitioning from being renters to home owners than before the global financial crisis, but households who do buy their first house are in a better financial position than before, a paper published by the Reserve Bank of Australia (RBA) finds.
In their research discussion paper, released on September 11, RBA economists John Simon and Tahlee Stone investigate changes in the property ladder since the global financial crisis and whether first-home buyers (FHBs) are taking on
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