a great time to buy your dream, page-3

Herald Sun's interpretation (introductory line):

IN his first column for 2011, the Barefoot Investor reveals there's never a better time than now to buy your first home.

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What he actually said:

Now is a fine time to start your saving strategy -- open up a First Home Saver Account (FHSA), so you can get a 22.5 per cent return on your savings (plus, your earnings are taxed at 15 per cent, rather than your marginal rate).

That one little act can add over a grand a year to your savings plan.

Every bit you save now will help you seize the opportunity to snare your dream property when housing affordability comes back.