Had a bit of laugh while driving this morning listening to the radio here in Perth, WA.
Nigel Satterley has once again suggested the Government should do the following to bring life back into the RE market;
1. Interest rates should be cut immediately,
2. The FHBG should be cranked up again, and
3. Stamp duty should be heavily discounted if not removed entirely for a set period until prices/the industry picks up (RE speak for allowing us the opportunity to kill the pig yet again!)
And of course Alan Bourke the spokenperson for REIWA added his support stating that REIWA support Nigel's proposition.
Talk about perpetuating an already serious problem. As if home prices as we all know, aren't inflated enough these nitwits want to inflate them even further.
It also makes me angry that they want yet another bite at the cherry. WHY DON'T THE GREEDY RE AGENTS CUT THEIR ALREADY EXPENSIVE FEES?
Disgusting to think these clowns seriously want to see home prices go higher still!
