Yes, you are right. I know a couple that in order to get full gov pension put 12 years ago most of their savings in a double story brand new home with the particularity of continuously spending extra money renovating the kitchen and bathroom areas. However, due to poor health they hardly venture into the upper floor, which has a typical unpleasant smell. For them housing is primarily viewed as a very lucrative tax free Centrelink blessed investment
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- Can we just simply build more houses / units to slow down the house price madness !!!
Can we just simply build more houses / units to slow down the house price madness !!!, page-22
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