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Economists Gerard Burg and Angus Moore suggest falling house prices in Sydney and Melbourne are largely in the more expensive parts of the markets, assuaging fears for first-time property owners.
Sydney, Melbourne, Australia
Who
Gerard Burg, Angus Moore, Liberal MPs, Andrew Hastie, CBA economists
What
Economists Gerard Burg and Angus Moore suggest falling house prices in Sydney and Melbourne are largely in the more expensive parts of the markets, assuaging fears for first-time property owners.
When
Fri, 12 Jun 2026 15:00:51 GMT · 2h 22m ago
Where
Sydney, Melbourne, Australia ·
Why
Rising inflation, interest rates, and concerns about the economic fallout from the Middle East conflict have contributed to declining housing values.
The Frontline Impact
How this affects you
While some first-home buyers could face negative equity, particularly those who bought at the peak with small deposits, experts indicate that low unemployment and arrears rates suggest the risk of widespread inability to pay mortgages is not high.
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1 event in this threadNo related history yet - this is the origin event.
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