Saving for a home deposit takes “more than a decade”

By David Olsen · 7 July 2010 · Economy

Full details: Saving for a home deposit takes “more than a decade”

See the complete version on Dynamic Business for the full story and insights.

Read the full article →

Summary

Housing affordability has continued to worsen over the past year, with first home buyers needing on average 4.5 years to save for a house deposit, up from 3.7 years, and many forced to save for over a decade.

Tags: Bankwest, Housing, Housing Affordability, Vittoria Shortt