Considering most FHBs need to borrow close their maximum to afford to buy and most are 30 year loans, they would likely be only 1/6th into the mortgage, that is of course nothing inconvenient comes along like a baby.
The bears were clearly wrong, the government will spend as much money as is required to keep the show going, even borrowed money, selling out the future in more ways than one.
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Neg gearing - Gone?, page-126
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