What are the promises being made to home buyers during Australia’s Federal election?

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The housing market has always been a hot topic, but in the lead-up to the federal election, it has become a key talking point for many of the parties. auspol ausvotes

Help to Buy schemeIt’s a shared equity scheme that would allow eligible home buyers, with at least a 2 per cent deposit, to purchase a home, with the government covering up to 40 per cent of the cost of a newly built property or 30 per cent of the cost of an existing one.Alex Ellinghausen

Participants must buy back the government’s share in their house if they start to earn more than the wage threshold amount. Of these, 125,000 would be offered as part of a shared equity ownership scheme, allowing people to own their first home where they want to live for just $300,000. Owners will have up to 75 per cent equity in the home, and sell it back to the government if they would like to move on.

 

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“Help to Buy will be open to buyers who do not own a property but eligible buyers must earn less than $90K or $120K if a couple Buyers must buy back the government’s *40%* share in their house if their Income goes up This part is insane Penalising people if their income goes up

The Super Scheme is great! Allowing Renters to access their money, Super, to help buy their 1st home This access should be extended to all, providing it’s their only property This gives everyone the same benefits as those who have bought investment properties with their super

After this disgusting campaign my faith in anything that is said or promised is minimal

here are my naked photos

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