Hot on the heels of the Albanese Government’s Help to Buy scheme, the NSW Government has also announced its very own shared equity housing affordability gimmick.
The NSW government will launch a two-year trial of a $780 million shared equity scheme for first-home buyers (FHBs), which will allow eligible participants to enter the property market with a deposit of just 2%. However, the scheme will be means-tested and will include a cap on the value of the property.
From The Guardian:
