PoliticsFederalFederal budgetPrint articleHousing affordability budget promises will likely drive up pricesHannah WoottonColumnistMay 9, 2021 – 6.03pmSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginFederal budget measures designed to help single parents and first home buyers get a foot in the property market risk further inflating house prices and fail to address the root causes of low housing affordability, experts warn.Tuesday’s budget will include measures to allow 10,000 single parents buy their first houses with deposits of just 2 per cent over the next four years in the new $300,000 Family Home Guarantee, with the government guaranteeing the other 18 per cent.Loading...Hannah Wootton is a Rear Window columnist, based in Melbourne. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.comSaveLog in or Subscribe to save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? LoginLicense articleIntroducing your NewsfeedFollow the topics, people and companies that matter to you.Find out moreRead MoreFederal budgetProperty pricesProperty marketProperty developmentHome loansShane OliverLatest In FederalFetching latest articlesMost Viewed In PoliticsThe Australian Financial Review MagazineThe 25 new watches you need to know nowLuke Benedictus and Bani McSpeddenWhat OpenAI’s Sam Altman suggests you do to keep your jobThis Australian watch reseller is making its move on London and NYCBOSS Financial ReviewThe 5 tips that stuck with 2025’s BOSS Young Executives32 mins agoHannah Tattersall, Rachael Bolton and Sally PattenHow a divorce at the age of 36 turbocharged this leader’s careerThe 3 traits that stand out among this year’s BOSS Young ExecutivesLife & LeisureThe most dangerous wine in the world32 mins agoMax AllenWhy Maserati is bucking the EV trend with this supercarNothing is as good as the controls on these high-end headphonesRich ListCrypto billionaire invests millions to build Australia’s ChatGPTPaul SmithRich Lister Walker family donate millions to Sydney cancer centreChina provides reality check for Forrest’s green iron dream
