Priced out UK first-home buyers a 'poignant' example for Australia

Catherine Cashmore has tweeted out a link highlighting The Guardian's report on the UK property market.

The Guardian writes that first-time buyers in the UK market are jumping into property ownership under a government scheme to avoid missing out.

Cashmore points to it being a ‘poignant’ example for the Australian market:

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"Far more voters already own their homes than identify as struggling first-time buyers worrying about being priced out of the market. And even those first-time buyers are now snapping up homes once more, thanks partly to the government's controversial Help to Buy scheme," The Guardian reports.

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