Housing affordability: 70,000 helped by plan to wipe 25% of mortgage cost

By Eryk Bagshaw
Updated March 9 2017 - 1:06pm, first published March 8 2017 - 2:49pm

The pilot of a shared home-ownership scheme being watched with interest by the Turnbull government has been operating in two states and put more than 70,000 people into homes in the past two decades, new figures reveal, as financial leaders urge the Coalition to act on the nation's housing "market failure".

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