First-home buyers face negative equity risk | Sunrise

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More than 30,000 first-home buyers face potential negative equity as national home values fell again in July, with market predictions of a 10% plunge. The Coalition warns that buyers who entered the market through the 5% deposit scheme may now owe more than their homes are worth. Debate centres on whether the scheme should be means-tested after the government removed the $200,000 income cap and expanded eligibility to permanent residents. Get the latest news » https://7news.com.au 7Plus » https://7plus.com.au/ More from Sunrise » https://sunrise.com.au Subscribe to Sunrise » https://7news.link/SunriseSubscribe Subscribe to the Sunrise newsletter » http://7sunrise.link/Newsletter Connect with Sunrise online: Facebook » https://www.facebook.com/Sunrise Instagram » https://www.instagram.com/sunriseon7/ TikTok » https://www.tiktok.com/@sunriseon7 X » https://x.com/sunriseon7 #SunriseOn7 #7NEWS

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