fhog not to be extended past june, page-18

of course the issues are complex - but did anyone notice in the article (first post in the thread)

"The construction and real estate industries have hailed the boost with some calling on it to be continued.

They have voiced fears that if the grant is removed the real estate market will collapse. "


well, there it is - if that happens, then it is cheaper prices - so no need for the fhb grant - lower prices = increase demand etc etc.

australian house prices are too high by world standards, and propping the market, can not be done for ever - simply let the market find its own level