Single Mother Overcomes Housing Struggles to Secure Home with Government Support
Fran, a determined single mother, recently achieved a significant milestone after 13 years of financial challenges. High rental prices had made it difficult for Fran to save for a home deposit, but through perseverance and the assistance of a government scheme, she finally purchased a unit.
Her journey highlights the importance of property ownership, particularly for stability and future financial security. Fran’s success comes amidst growing concerns about housing affordability, notably in areas like the Northern Beaches, where Federal member Sophie Scamps has been vocal.
Sophie Scamps is actively engaging with the community to address the housing crisis affecting essential service workers and other residents. She has organized forums to gather input and explore potential solutions to make housing more accessible.
Economist Saul Eslake has weighed in, advocating for increased housing construction and the removal of obstacles such as first home buyer grants and tax concessions. These measures, he believes, could help alleviate the pressures of the current housing crisis and make homeownership more achievable for Australians.
Article Title: When there’s no ‘bank of mum and dad’, families in unaffordable areas face an anxious future
Retrieved from abc.net.au
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