‘Debilitating effect’: AustralianSuper boss hits out at PM’s housing plan, page-30

  1. 2,382 Posts.
    lightbulb Created with Sketch. 474
    By the time you have to repay it, lets say 7 years later ( to upgrade ), you will be on a higher income, have saved "rent" money, and built equity in your current. Repaying the 50K + any cap gain will be modest.

    The bigger hinderance to upgrading properties is the stamp duty.. that alone is more than 50K when you "upgrade"...
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.