EPISODE · Mar 11, 2024 · 4 MIN
Super raid for home deposits would stoke real estate boom, analysis warns
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
One constant proposal to help young people buy a home is to allow borrowers tap their superannuation to help stump up a deposit. But economic modelling from the Super Members Council shows withdrawing super for housing deposit might only fuel the property price boom, erode retirement nest eggs and force more people on to the aged pension.
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Super raid for home deposits would stoke real estate boom, analysis warns
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