AUSSIES WANT TO OWN THEIR HOMES - (Part One)

Seems that according to consumer polls,packets will be a little bit fatter from July 1
Australians' are determined to have their ownbecause of tax cuts promised, so more people
homes. This shows that even the excessive costare likely to consider fulfilling the 'Australian dream'.
of maintaining a mortgage, even though variablePerhaps you are more interested in living on the
lending rates are at a six-year high, don't reallyYarra River or the Bay. Well, with au you can find
count to the resolute purchaser. Of course withproperty, in a prime location, only minutes from
online real estate listings it is reasonably easy tothe CBD. So now is the time to search online.
find the house you are wanting, just byEarlier this year another interest rate rise failed to
registering online at Submit the minimum andlessen the course of borrowing, and with data
maximum price, amount of bedrooms,released today showing sixty-three thousand
bathrooms, type of home, category, state andloans for owner-occupation were agreed to by
even suburb. With this type of information, thebanks and home lenders in March, this is the
site can find the exact property to match yourhighest level since July last year.
requirements.The Australian Bureau of Statistics data shows
It is no wonder that Australians don't want to paythat first-time home-buyers make up around 18%
high rents and get nothing back in return. You stillof all financed dwellings, the highest level since
have to mow the lawns, attend to the gardens,April 2006. Interest rates were increased three
pay for water usage and in many cases betimes last year, and we were told that they
accountable for many other items which are reallywould rise again in April or May, but that came to
the property owners responsibility. In many casesnothing. Susequently, financial markets were jolted
property owners and estate agents are evenlast week by a further drop in the unemployment
reluctant to give renters a good reference whenrate and now expect another rise later in the
they deserve it.year.
Following last week's budget in mid May, pay