Sign in to follow this  
Followers 0
staringclown

REIWA goes for gold (again)

2 posts in this topic

When I read this headline my initial thoughts were that the REIWA had realised that another sugar hit would be detrimental to the WA market in the longer term. But no, their beef is that increasing the FHB grant to new housing only would increase supply and drive down the market. They want the increase to be available for existing property as well as new. Morrisons supply argument doesn't apply in WA apparently. Must be election time...

 

Increase to first home buyers grant in WA could negatively impact market: REIWA president

Share this post


Link to post
Share on other sites

$400k, 500, or 600. Within reason, the REIWA doesn't care what a house sells at. They want turnover! The Govt wants turnover too - stamp duty. 

If I was the WA emperor, then I would be building to employee my peasants. Quite a few constructing statues and monuments to me, but some housing.

Now is the time in WA to build lots of social housing. 

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0