The govenment’s increased first home buyers grant to $14,000 as part of it’s fiscal stimulus programme but this is due to revert to $7,000 from 1 July
What do you think? Does the housing market still need the boost or do the interest rate reductions provide enough assistance?
Are the increased grants and low interest rates encouraging people to over extend themselves risking a property bust when the rates increase?
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Tags: property, real estate market
