How state and federal governments are helping to fuel the housing boom | 7.30

Record low interest rates have encouraged Australians to borrow more than ever. State and federal governments are helping to encourage it, with a raft of inducements encouraging would-be buyers to take the plunge.
The average new mortgage is now almost half a million dollars, the highest it's ever been, meaning it could be a bloodbath if property prices fall or interest rates go up.
Watch Part 1 of Betting on the House here: • A booming property mar...
Watch Part 2 of Betting on the House here: • Why more of us may be ...
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