Thanks Mum! Thanks Dad! - How the 'Bank of Mum and Dad' Will Underpin a House Rise of 2024
It's one of Australia's biggest banks but we never see any data from it - in fact, we heavily underestimate the role of family finance in helping first-time buyers get started in the property market. But this is a key factor set to underpin yet another lift in house prices in 2024 if the economists have it right.
In today's show, we cover:
The Bank of Mum and Dad
Immigration levels and the rental market
The return of the lodger
What happens to tax losses with the new super tax
Diana Mousina, economist at AMP joins Wealth Editor James Kirby in this episode
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The skinny
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