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Who had it harder buying a home? Boomers or Millennials? With InfoChoice's Bernadette Lunas
This week we spoke to InfoChoice finance journalist Bernadette Lunas on which generation REALLY had it harder when buying a home. We've looked at the data to help you settle your debate with your uncle who's four beers deep at the barbecue! It essentially boils down to high entry price vs high interest rates, plus a few other factors such as: Joint incomes; homebuyer support; home ownership rates and more. Put down those tongs and tear into Uncle John!
00:00-00:58 - Intro
00:58-03:20 - Bern's Savings Tip: Cook at Home
03:20-05:25 - Interest Rates vs High Prices
05:25-10:05 - Changing Household Dynamics
10:05-11:07 - Is the next generation stuffed?
11:07-12:08 - Outro
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By Savings.com.auThis week we spoke to InfoChoice finance journalist Bernadette Lunas on which generation REALLY had it harder when buying a home. We've looked at the data to help you settle your debate with your uncle who's four beers deep at the barbecue! It essentially boils down to high entry price vs high interest rates, plus a few other factors such as: Joint incomes; homebuyer support; home ownership rates and more. Put down those tongs and tear into Uncle John!
00:00-00:58 - Intro
00:58-03:20 - Bern's Savings Tip: Cook at Home
03:20-05:25 - Interest Rates vs High Prices
05:25-10:05 - Changing Household Dynamics
10:05-11:07 - Is the next generation stuffed?
11:07-12:08 - Outro