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.
@B2W8NDS1wk1W
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
@9SWQZYBDavid Pocock6mos6MO
Yes, first time home buyers need a leg up over investors
yes, as long as we actively address other factors such as limiting tax breaks on investment properties
@9WNJ2H24mos4MO
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.
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.
@9TBYTMW5mos5MO
current subsidy not effective - supply problem need to increase housing supply
@9T4MTQN5mos5MO
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.
@9SZNK9N6mos6MO
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.
@9PJWSBTOne Nation8mos8MO
No it should be there labour to purchase their home not our money
@ISIDEWITH5mos5MO
@ISIDEWITH5mos5MO
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@ISIDEWITH5mos5MO
No because all it has done is cause builders to increase the cost of their homes and developments by the same amount or more
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