Posted on August 26, 2009 - by admin

Govt grant helped one in two FHB onto property ladder

According to the latest Bankwest/MFAA Home Finance Index, approximately 48.1% of all first homebuyers agreed that the first homeowners grant helped them buy their first home. However, 17.6% surveyed said the grant had been counter-productive because it had artificially inflated the market while only one in three respondents (37.2%) said the government was doing enough to support their foray into the housing market

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Govt grant helped one in two FHB onto property ladder