Bryan Ong, director, mortgage broker and investment advisor at Rise High Financial Solutions, said: “It’s definitely harder to get into the market now, because the market is always driven by demand and supply. And a lot of first-time homebuyers right now, based on their income, have not caught up with how fast property prices are rising. So a lot of first-time homebuyers are going to be looking at the lower end of the market. That’s where everyone can only afford. But that’s also because it’s driving prices up even further because of all the demand there.”
