NSW Budget 2010

What do you folks think of the new budget as it relates to property purchases?

Ross Gittins is quite positive about it and I found his article quite interesting in today's SMH. Here is the link :)

Cheers,
 
NSW Budget Stamp Duty

My first thoughts were : New home packages may get slightly more expensive and existing homes may get a little cheaper to balance out the supply and demand equation between the 2, depending on whether the location has lots of new home development.
 
My interpretation was the budget was for large scale developers eg. signing up for House & Land packages or OTP unit developments.

I didn't read the budget that and older person could sell then buy a block of land and then choose their builder, it was more H&L packages so developers can pre-sell stages of subdivisions or block of units?

My 2 cents worth.


Sheryn
 
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