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Bryce Holdaway Blog post by Bryce Holdaway

Should deposits be waived for first-timers with good rental history?

BH 2017 April Money Mag - Should deposits be waived 2Did you know, according to most recent First Time Buyers Deposit Report published by Bankwest, Australian couples need to save for an average of 4.4 years for a 20% deposit on a median-priced house.

Now, would this changed if deposits are waived for first home owners and how will this affect the property market in general? Bryce Holdaway debated with Michael Saliba on the pros and cons of this arrangement. Click on the image to read the article now.


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