Quote:
Originally Posted by T3rminator
NAB tips Melb and Syd prices to keep going....
https://www.theage.com.au/politics/f...26-p58cyq.html
I do wonder if we will end up following UK's scheme in the near future to help first home owners. I recall they had a scheme where first home owners can co-buy properties with the government. Basically gov owns a %, you own the rest. Not sure how that works when it comes to renovations or rent paid to gov. I think you also had to give gov first option to buy if you decide to sell at any stage.
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Yes in Perth they have a Keystart loan, the home is owned with the government!
It's seems genuinely wanting to help low income singles and families.
Chilly Beers