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'Lifeblood' draining from property market: AFG

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Australian Broker | 04 Dec 2012, 07:30 AM Agree 0
AFG reports new lows in first home buyer "lifeblood" loan demand for New South Wales and Queensland
  • Sean Sydney | 04 Dec 2012, 09:57 AM Agree 0
    As a prospective first home buyer I was extremely disappointed when they took away the FHOG in NSW. Paying rent and saving is not easy to do in Sydney when the option to move home isn't available and saving the extra $7k+ will take a little while. To only apply it to people wanting to build their first home is ridiculous and really limits where people can buy if they want to live closer to the city, as land is scarce and very expensive to say the least! Bring back FHOG!
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