Dr Michael Fotheringham
Dr Michael Fotheringham is the managing director of the Australian Housing and Urban Research Institute, known for his insights on the evolving dynamics of homeownership in Australia. He notes the increasing trend of parents providing significant financial assistance to their children for home deposits, and he advocates for policies that support lower and middle-income families in overcoming barriers to homeownership.
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Australia:
Dr Michael Fotheringham stated that stamp duty is a barrier to mobility for people looking to buy homes.
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Australia:
Dr Michael Fotheringham highlights the increasing financial support parents provide to their children for home deposits.
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