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Realty Talk: When will the RBA say “enough” + New builds are not for the faint hearted

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Synopsis

Given the massive post covid new build housing stimulus via the Home Builder scheme and a raft of other programs including First Home Buyer grants, house, and land packages can seem very appealing to first home buyers.   But it is not for the faint-hearted.  Bushy kicks the show off this week by asking Julia Newbould from Money Magazine to share some of the tips and traps of homebuilding.  Staying on that subject, there’s been a substantial shift in demand for more affordable new build housing on the outskirts of our cities as a flow-on from the number of new build grants and incentives.   But many traditional suburban housing estates lack the intimate neighborhood experience that makes our inner cities so attractive.  Mike Day, a partner at award-winning national urban planning and design consultancy Hatch Roberts Day 5 key factors that can help transform these new areas by urbanizing the burbs. Despite a pick-up in new listings and a bottoming in fixed mortgage rates, home price gains remain very strong, wi