$4 Billion Aussie mortgage bailout just the beginning?

[zwarst]

Nice one mate - thanks for the info!

[luke666808g]

we in WA used to hold housing prices down with a system of affordable land for new home buyers, new land was sold to first time home buyers for the price of surveying and getting it connected to utilities, in return the buyer must build within 2 years and live in the house for 3 years, the government no longer does this, and instead now sells new land at "market" value at a profit, tax payers own that land, so how can the government profit from it? In my view that is immoral.