Re:Australia hasn't had a recession for over 25 years
by taneq on Friday March 31, 2017 @08:35AM
(#14003039)
Yeah, it hit me recently that every single measure ever proposed to 'help' housing affordability simply propped the market up even further. Making it easier to for more people to pay larger sums for houses is the last thing that'll bring prices down.
At least they restricted the first homebuyer grant to new properties, so there's that.
At least they restricted the first homebuyer grant to new properties, so there's that.