That tax a very interesting idea, and a really new idea. But what does that mean for people already owning multiple houses??? Or units owned by a company that in turn rents them out? Thats only going to push those rents up.
As far as affordability is concerned.... Just depends where you want to buy. I agree its hard, but not as hard as when i had to do it. We never had Fisrt Home Owner Grants. A 22 year old can be on $3500 a week these days in the trades or over at the mines or in the Gas fields. Interest is still low... it's bloody easy as these days.
Some people just need to ask themselves am i batting outside my average.
For those with part time work and or low wages whom complain... you should of tried it 20 years ago, a Bank would just laugh at you and there was no such thing as a Building Company getting you into a home for $350 a week.
I agree house are expensive, thus rates are expensive but guess what, it won't get any easier than today..... because it's only going to get harder and harder
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