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The New Daily
The New Daily
Matthew Elmas

Bad to worse for first-home buyers, despite property price plunge

Jonathan Kearns Interest Rates
First-home buyers are being squeezed by rising rates faster than property prices can fall, new data shows. Photo: TND

Many first-home buyers hoped they would finally get a chance at the Australian dream when big banks forecast the biggest property price plunges in history earlier this year.

But their optimism was short lived.

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