21
Blah-Blah Bar / Re: General Discussions
Last post by Thryleon -Thry mentioned supply and demand....which is the key to all things economic.
In terms of housing though, its not the lack of housing, its the cost.
Its too high to buy a house....and/or land.
So if you drop the price so that people entering the market can afford something, investors who have some coin to play with look at buying a 2nd, 3rd, 46th property. So the price is increased and 1st home buyers miss out again.
You need to increase the 1st home buyers grant to a point where it is significant in helping people get into the market.
https://www.aph.gov.au/About_Parliament/Parliamentary_departments/Parliamentary_Library/Research/FlagPost/2026/February/FormerPrimeMinistersEntitlements