yet another "unforeseen consequence", page-59

Reaper

I would suggest that quite a majority of people who were enticed into the property market by the "first home buyers grant", would in fact, be Labor voters.

Well, that's the demographic. Younger people were the biggest supporters of Kevin07.

Sort of presents an interesting question, and a bit of a sticky wicket for Labor now.

How will all these young voters vote, when faced with rising interest rates, and the prospect of losing their much loved new homes?

Don't worry about arguing the rights and wrongs of the interest rate rises, just look at the consequences of that for Labor. Rates are going up, and so will defaults.

I wonder if this fact has dawned on Kevin yet?