ScoMo wants his property bubble back

He said as much during the election campaign as defended to the death property speculator tax rorts:

We want to see more first-home buyers in the market, absolutely, and we don’t want to see people’s house prices go down” – Prime Minister Scott Morrison, 13 May 2019.

He also installed a huge first home subsidy from early next year that effectively reduces the need for first home buyers to save a 20% deposit to just 5%, with tax payers guaranteeing the balance.

There are 453 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.