The True Cost of First Home Buyer Incentives

We all know there’s no such thing as money for nothing, so what
is the true cost of first home buyer incentives?


In this episode we’re going to talk about free money - the type
first home buyers get from governments - deposit schemes, stamp
duty concessions, cash incentives as well as discounts from
developers - all the things that are apparently designed to help
first home buyers get on the property ladder.  But are they
really there to help you?


Tune in to the episode and we’ll see you on the inside!


 


Episode Highlights:
Looking into federal government incentives
[02:49] First Home Owner Grant (FHOG)
[02:54] The BuildBonus Grant
[06:42] Deposit Guarantee scheme
[08:11] What are some State-based incentives?
[12:35] The role of stamp duty concessions
[12:40] Why incentives skew towards brand new and
offline properties [14:05] Budget limits create
artificial price barriers [20:16] Savings
accelerator: The first home super saver scheme
[23:47]  Interesting things about federal and
state incentives [26:41]  How do cashback
incentives work? [29:13] Understanding the real
incentive of government grants [33:46]

 


Link/s from the show:


M2 L2 Grants & Incentives - PDF
(https://drive.google.com/file/d/1-96e6uDeIbKkGLOLTGkXpgl2m1sAGy6j/view) 



Our blog on grants & incentives
(https://homebuyeracademy.com.au/PREPARATION/grants-incentives)



 


Connect With Us:


Home Buyer Academy Website
(https://www.homebuyeracademy.com.au/)



 


If you enjoyed today’s podcast, don’t forget to subscribe, rate
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


See omnystudio.com/listener for privacy information.