Problem with decreasing stamp duty or increasing first home buyers grant is that those mechanisms stimulate price rise . "I can afford more now" .
Property investors are sitting ducks .
Good for the sharemarket possibly . Property investment exiting that class will enter the sharemarket market to some extent .
Smarter too . Property trusts pay over 6% yeild and most city property yeilds around 2% .
Problem with decreasing stamp duty or increasing first home...
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Last
$64.41 |
Change
1.000(1.58%) |
Mkt cap ! $12.48B | |||
| Open | High | Low | Value | Volume |
| $63.49 | $64.41 | $63.39 | $28.91M | 451.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | $64.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $64.43 | 629 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ASX (ASX) Chart |