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NEWS.com.au
Gold Coast Arrivals, gca (help@goldcoastarrivals.com) thought you might find this article from NEWS.com.au interesting:
First-home buyers flee capital cities
From: AAPFIRST-TIME home buyers are moving to regional areas as housing in capital cities becomes more expensive, a new industry report says.
Population growth in regional areas outstripped, or equalled, capital-city growth in Australia's three largest states in 2005 and 2006, the Housing Industry Association (HIA) said today.
"Record low housing affordability in many state capitals has forced an increasing number of first-time home buyers to relocate into non-metropolitan areas, which in many cases has caused these people to give up their current jobs in the hope of finding a home to start a family," the association's director of housing and economics, Simon Tennent, said.
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