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Could the NSW budget slow down the state’s property market?

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Your Investment Property | 14 Jun 2012, 12:00 AM Agree 0
While homebuilders have praised the NSW government's concessions to first homebuyers, a leading mortgage broker has claimed the proposals could actually hold buyers back and create a slowdown in the state’s property market.
  • Goodo | 15 Jun 2012, 10:11 AM Agree 0
    Get used to it! The FHOG was origially brought in to offset the GST on a new house construction. It should never applied to existing properties. It distorted the market and lead to the last so called "housing boom". We did not have a housing boom as we did not build houses (hence the current shortfall), what we had instead was a price boom. Governments should stay out of the market
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