Note: The following posts were imported from my previous blogs.
$5000 grant for Victorian first home buyers
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Tuesday, 04 May 2004 05:24PM
Subject URL: $5000 grant for Victorian first home buyers
Surely just handing first home buyers an extra $5000 will push house prices up $5000? Couldn't it just be a stamp-duty credit or something? Am I missing the point? Seems stupid to me in an auction based market to just hand people money to solve high prices.
Surely just handing first home buyers an extra $5000 will push house prices up $5000? Couldn't it just be a stamp-duty credit or something? Am I missing the point? Seems stupid to me in an auction based market to just hand people money to solve high prices.