Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Business
Zac de Silva and Jacob Shteyman

Renters surprise winners from cheaper mortgage deposits

More first home buyers could result in less demand for rentals, real estate analysts predict. (Mick Tsikas/AAP PHOTOS)

Lower rents shape as a bonus consequence of rules allowing first home buyers to get a mortgage with just a five per cent deposit, analysts say, even though the policy is likely to push up property prices.

The key election promise from Labor was aimed at making it easier for young Australians to get on the property ladder.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.