An interesting point................
.Won’t this lift house prices?
Industry Super has suggested that allowing people to access super could add up to 16%, or $134,000, to the cost of a home in the most expensive market, Sydney. In Melbourne, it is estimated price rises would be $55,000 and in Brisbane $35,000.
However, this modelling was done in February 2021 – before the details of the Coalition scheme were announced.
The government counters that there are an average of about 100,000 first-home buyers each year, and the combined value of their home purchases would be less than 1% of the total value of the housing market ($9.9tn).
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Good thing the Morrison Muppets won't get to start this crap up.
