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I actually think it's a bad idea. It would just cause another pump in prices, until such a point that property is as 'unaffordable' to FHBers as before, much the same that short term FHOG value increases provided similar market distortions. My view is simple, that property taxation should be...

Watch the middle and outer ring property prices BOOM. I'd sooner remove cost barriers of entry, than provide financial stimulus into the equation. I find the largest hurdle for FHBers is to save for a sufficient deposit to fund the purchase AND government charges, but that may have a bit to...