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Old 27th Nov 2008, 11:19
  #18 (permalink)  
CHAIRMAN
 
Join Date: Dec 2003
Location: AUSTRALIA
Posts: 209
Flyingit, sounds like a typical aviation career
The increased first home buyers grant was a pre-emptive, little thought out strategy to support the building industry at the expense of the buyers.
Maybe well intentioned by the gummint, but I'm a born cynic.
The grant at this stage is until June 30 2009 - who knows if they will extend it. Short term pump priming!
The share market will bottom before the housing market, so Flyingit, there is no need to rush in to any property purchase in the short term.
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