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Housing scheme for young Australians backfires, homes less affordable

Original: Young Aussies pay the price as housing scheme predictably backfires: 'Less affordable'

A government housing scheme aimed at helping young Australians buy homes has instead made properties less affordable, according to Yahoo Finance Australia. The report argues the policy predictably backfired, with young buyers now paying the price through higher costs. Critics say demand-side support schemes inflate prices rather than improve affordability, and debate is growing over Australia's wider housing crisis, which has increasingly locked younger generations out of homeownership.

Why now: Australia's ongoing housing affordability crisis keeps government home-buying schemes under scrutiny as prices rise.

AustraliaYahoo Finance Australia

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