There's been a couple of news items suggesting that there are more FHBs than the ABS stats suggest. A significant proportion appear to be buying their 1st property as an investment rather than as a PPOR - consequently the ABS considers then investors rather than FHBs.
Have the brokers noticed any particular increase in FHBs going for an IP rather than PPOR ?
For every two first-home buyers intending to live in their new home, there's another one entering the market for the first time as an investor.
Figures released by NAB on Wednesday show eight per cent of new homes and nine per cent of existing homes sold in the final quarter of 2014 were bought by people purchasing their first home as investors.
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Have the brokers noticed any particular increase in FHBs going for an IP rather than PPOR ?