How state and federal governments are helping to fuel the housing boom | 7.30 скачать в хорошем качестве

How state and federal governments are helping to fuel the housing boom | 7.30

Record low interest rates have encouraged Australians to borrow more than ever. State and federal governments are helping to encourage it, with a raft of inducements encouraging would-be buyers to take the plunge. The average new mortgage is now almost half a million dollars, the highest it's ever been, meaning it could be a bloodbath if property prices fall or interest rates go up. Watch Part 1 of Betting on the House here:    • A booming property market is turning home ...   Watch Part 2 of Betting on the House here:    • Why more of us may be renting for life | 7.30   For more from ABC News, click here: https://ab.co/2kd3ALi You can watch more ABC News content on iview: https://ab.co/39iq2Xt Subscribe to ABC News In-depth:    / abcnewsindepth   For breaking and trending news, subscribe to ABC News on YouTube: http://ab.co/1svxLVE You can also like us on Facebook:   / abcnews.au   Or follow us on Instagram:   / abcnews_au   Or even on Twitter:   / abcnews