Tag archives for real estate

Why government grants to first home buyers are a waste of time.

Imagine if you will, a company that sells gizmos.  They charge $1,000 for each gizmo and sell 50,000 a year.  It is a stable business and each year rolls past with the same price and the same volume.  Now the government decides more people should buy gizmos.  They decide to pay each person who buys […]

Make foreign investors sell homes to first home buyers.

It is obvious that we have a housing affordability problem in many markets.  Sydney and Melbourne are the two outstanding examples.  So what are the facts? Prices are growing at an undesirable rate First home buyers are declining Foreign investment is increasing Based on auction clearance rates, demand is exceeding supply The government has a […]