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But we saved everything 🙂.
David Bird: First home buyers using 5% deposit scheme now likely in negative equity
David Bird asserts that many first home buyers who entered the market through the 5% deposit scheme are now likely facing negative equity.
He notes that while the government promotes such policies as supportive measures, they often end up creating additional demand that sustains elevated property prices.
Bird has previously revisited his October forecast on Bitcoin’s peak, recalling skepticism when predicting a decline below $60,000 in front of Strategy’s CEO, as reported here. In another comment, he likened the Origin game to the highly volatile crypto market during the Trump-era rally, drawing parallels with traders’ reactions in a separate article. Bird’s recent remarks follow his pattern of highlighting shifts in both property and crypto markets.
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