Liberals are scaring first-home buyers with warnings of negative equity – but experts believe there’s little to worry about
predicted values in 2026](https://www.theguardian.com/australia-news/2026/jun/01/australia-home-prices-fall-year-long-decline-value-prediction) would eventually fall by 6% to 7% in Sydney and Melbourne.
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