3 resultsfor “impact of affordability crisis on first home buyers Australia”
afford their first home. "You can't go complaining that houses are $1m because they aren't. They're $500,000 or $600,000 but the young folks don't want to live 35km from
Australia’s [affordability crisis](https://www.theguardian.com/business/grogonomics/2026/jun/11/australia-housing-house-prices-falling-data) means first home buyers often borrow at the very limit of their capacities. It takes more than a decade to save a 20% deposit on a median home
affordability to any extent, but that it makes the taxation system fairer. The budget papers show how since the turn of the century, the top 1% of earners received an average total tax benefit