These subsidies are financial aids from the government to help individuals purchase their first home, making homeownership more accessible. Proponents argue that it helps people afford their first home and promotes homeownership. Opponents argue that it distorts the housing market and could lead to higher prices.
yes, as long as we actively address other factors such as limiting tax breaks on investment properties
@9SWQZYBDavid Pocock10mos10MO
Yes, first time home buyers need a leg up over investors
@9PJWSBTOne Nation12mos12MO
No it should be there labour to purchase their home not our money
will only add to house price increases, de-incentivise investment housing as the primary investment choice for Australians instead by ending negative gearing and tax breaks for people who own multiple properties.
Yes, and the blanket rule they have for the entry price is rubbish. For example, someone living in a city will struggle to find property listed at a price that gives them access to first home buyers schemes.
@peanutsgallery2mos2MO
No, the focus needs to be more on the cost of housing and the amount of empty houses providing housing for everyone.
@B4TLLTN2mos2MO
Yes but also include people who are older where they have not owned a house in many years or where they owned a home with another person but is seeking to buy as a single
@B4K2CYY2mos2MO
I think a government housing saving scheme that operates similar to how super works but for purchasing a house could be a good idea. It would have to be opt-in and the government would add savings to the account in proportion to how much you add.
@B4BT64D3mos3MO
Yes, but only for buyers that have proven that they need the money, as many people are just irresponsible with money and don't deserve any subsidies.
@B3DXTK94mos4MO
And provide backpayment to recent first home buyers who have had to pay higher stamp duty due to entry level homes surpassing the state thresholds for stamp duty exemption.
No because all it has done is cause builders to increase the cost of their homes and developments by the same amount or more
@9T4MTQN9mos9MO
Stamp duty should be reviewed particularly in NSW rather than funding new buyers creating more demand, therefore higher prices. Subsidise retirees to downsize to open more houses for sale. More stock lower prices.
@B2W8NDS4mos4MO
A grant for people who have never had first home buyers grant, regardless of prior home purchase history as a way of allowing people to gain a foot on property ladder
No, it distorts the market and puts first home owners in more debt due to increasing demand for entry level properties
@9WNJ2H28mos8MO
No, it drives up prices. They need to stop immigration for many years and let housing catch-up. Also prevent investors from buying existing stock (only new builds) if that will help too.
@9TBYTMW9mos9MO
current subsidy not effective - supply problem need to increase housing supply
@9SZNK9N10mos10MO
Yes but only if a way can be found that doesn't automatically hike the price in keeping, which amounts to the subsidy benefitting the seller, not the first home buyer.
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