Labor forces first home buyers to compete with property investors in a smaller market

Sky News host Caleb Bond says property investors and first home buyers are now “competing” for a smaller number of available homes after the federal budget. Mr Bond said “basic market forces” will cause prices to go up. “If the competition between property investors and first home buyers is getting stronger, then how does that make things better for first home buyers? “The government doesn't care if it actually makes life harder for first home buyers because that was never the real objective in the first place.”