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Topic: General Discussions (Read 1730878 times) previous topic - next topic
Professer E, dodge and 1 Guest are viewing this topic.

Re: General Discussions

Reply #2640 –
Quote from: kruddler – on
You need to increase the 1st home buyers grant to a point where it is significant in helping people get into the market.
It doesn't work though does it, because the people building or renovating the affordable homes know buyers in that segment qualify and just bump the price.

My Asian business associates send their kids to study here in Aus, while they are here the kids apply for permanent residency, then all the kids get a 1st home buyers grant. They end up owning multiple properties a few years out of uni.

It reminds me of the disability allowance, build or renovate a house and make it accessible, ramps, a lift, etc., etc., and all of a sudden you can have competing buyers who qualify for an allowance to secure or create a disability compliant dwelling. I don't know what it's worth now, but it was up to $300k. How do I know this, a good friend's daughter had spina bifida.
"Extremists on either side will always meet in the Middle!"

Re: General Discussions

Reply #2641 –
It's interesting reading this debate, hardly anybody has made a genuine point or suggestion about the future of children of grandchildren, most of the serious talk is about getting around stuff to make more money now.

I thought the video was funny, but then I realised I was laughing at very damaging fake news in comedic format, fake news probably made by the wealthy kids with nothing else to do but protect mum and dad's investments, fake news that could see someone like Hanson win even more seats and nobody will be laughing then!
"Extremists on either side will always meet in the Middle!"

Re: General Discussions

Reply #2642 –
LP - the only way for my kids will be through inheritances that we will get in the next 10 years or so. I think the boat has sailed for those that aren't in such a fortunate position. I don't understand how people can repay $3k a fortnight ($1m loan) or $2.4k ($0.8m loan)