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FHOG Wasn't intended to make housing more affordable, it was a concession given to the building industry to offset the introduction of the GST. It succeeded in stimulating demand and pushed prices through the roof. Hand outs won't bring prices down, supply will, c'mon councils and regulators make it easier to build rather than looking after the building industry, take away obstacles for owner builders and the handyman.
pauloz386 3 years ago
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For more information on the housing affordability problem, see the "End of Affordability" series of videos by Wildhiland on YouTube.
Wildhiland 3 years ago