Bernd
07/02/2022 (Sat) 02:01:38
No.48115
del
07/02/2022 (Sat) 02:01:38
No.48115
del
>>48114
The government is implementing a scheme were they will share up to 40% of the loan with you, so the catch is that if you sell the house then 40% of the value of the house will go to the government or more if the house looses value as they will share profits with you but they won't share losses. But there are a limited number of places in the scheme so I have to get in fast. There is a limit on the values of the house as well, $950,000 in some areas like Sydney but then only $400,000 in others but it's enough. They must go by average house price or something.
It's not that big in Australia. Because of how much building is going on and all the schemes to get people into the housing market. Basically, if you can rent a decent house then you should be able to buy one.
The government is implementing a scheme were they will share up to 40% of the loan with you, so the catch is that if you sell the house then 40% of the value of the house will go to the government or more if the house looses value as they will share profits with you but they won't share losses. But there are a limited number of places in the scheme so I have to get in fast. There is a limit on the values of the house as well, $950,000 in some areas like Sydney but then only $400,000 in others but it's enough. They must go by average house price or something.
It's not that big in Australia. Because of how much building is going on and all the schemes to get people into the housing market. Basically, if you can rent a decent house then you should be able to buy one.