rents, page-39

"Does anybody on here think the first home owners grant will be extended? I think it could be as that's the only part of the market firing."

Certainly it's the only thing firing, but I guess the question really amounts to if it is positive for our economic recovery, or detrimental to it.

Time to pick and choose: Housing or Jobs is a good article showing what effects bubbling housing prices have on our jobs.

Australian housing market holds sub-prime danger The News is running a similar article today on the negative effects of the grant.

So far there are no long term positives from the grant.