McMenamin
McMenamin is a housing market analyst who has been vocal about the ongoing challenges in home affordability, emphasizing the impact of high interest rates and the long-term inadequacy of new housing supply in relation to population growth. He advocates for policies that increase housing supply, such as the Labor proposal for an additional 100,000 homes for first-time buyers, while also cautioning that initiatives like the 5 percent deposit scheme may inadvertently drive up property prices.
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McMenamin thought the 5 per cent deposit scheme would help households buy a home sooner, but warned it would put upwards pressure on property prices.
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