First home buyers are rejecting grant

I actually think the reverse is true in a lot of cases. Housing prices declined in Perth to a level that was obtainable for firsthome buyers towards the end of last year. Once that borrowing capacity cap is no longer relevant we may very well see an increase again.
 
I think you would call that trading rather than investing Dunno. ;)


Nah, if i was flipping houses maybe....but holding out to save 10%...well who knows eh.

Newsflash-just purchased a two bed victorian today at what I consider $30k under 'market' value....needs some TLC but plenty of potential. Hope I dont come back in 12 months time and read my previous 'bear' posts and kick myself lol....That being said I still think we are to 'hot' and need a cool off...

Now to endure the backlash from my bean buddy...:cool:
 
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