Housing Affordability and Budget 2017
Housing Affordability Expert, Robert Snell says the wash-up of the latest budget measures means that “After they (young people) pay their rent and their increased HECs debt, there’s not much left to save for a home deposit and that the saving scheme is a band-aid solution to the gaping wound of housing affordability." "After they pay their rent and their HECs debt, there’s not much left to save for a home deposit." "Rising HECs fees further delay the ability of young Australians to buy and pay off a home." "With fees set to rise around $1250 to $40001 for an undergraduate degree [...]