Worrying investor-led property gold rush: 4 Corners

Worrying investor-led property gold rush: 4 Corners
Worrying investor-led property gold rush: 4 Corners

On the eve of the Federal Budget, Four Corners reported on the white-hot issues of housing affordability and negative gearing.

It spoke of a generation left wondering if they will ever own their own home.

Reporter Ben Knight explored the housing crisis locking younger people out of home ownership and the negatively geared world of investors building their nest eggs.

He then reported on what he called agents spruiking the investor-led property gold rush and worrying evidence of fraudulent loan applications which could leave banks and consumers dangerously exposed.

It aired on Monday 2nd May at 8.30pm EDT. It is replayed on Tuesday 3rd May at 10.00am and Wednesday 4th May at 11pm.

It can also be seen on ABC News 24 on Saturday at 8.00pm AEST, ABC iview and at abc.net.au/4corners.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Mortgages Residential Market

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