Chapter 21 of "The Great Housing Hijack"

My Favorite Quotes

“If the subsidies are large, they can also generate temporary bumps to the asset price…”

“First home buyers compete with landlords. Because of this, many of the financial fixes in the previous chapter work against higher rates of homeownership because they benefit landlords.”

“To boost homeownership back to the 71 per cent peak level that Australia saw in the early 1970s would require 500,000 landlord sales in net terms – whether that is landlords not buying new homes or selling their existing homes.”

Find your favorite quotes. Book available at https://www.amazon.com/Great-Housing-Hijack-keeping-Australia/dp/176147085X.