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We spoke with resident finance journalist Harry O'Sullivan on Queensland's Boost 2 Buy scheme, a new shared equity program that chips in for your first home in exchange for the equivalent share of equity. We discussed if this could actually be a secret money maker for the government, leveraging capital gains and potentially tipping more first home buyers beyond the stamp duty threshold.
00:00 - Intro and savings tip. don't drink alcopops
02:30 - B2B explained
03:23 - What the experts think
04:09 - Is there demand for it?
06:52 - Would Harry use it?
07:45 - Government bets on the house
10:33 - Closing remarks
Harry's article:
https://www.savings.com.au/news/boost-to-buy-queensland-first-home-buyers
We spoke with resident finance journalist Harry O'Sullivan on Queensland's Boost 2 Buy scheme, a new shared equity program that chips in for your first home in exchange for the equivalent share of equity. We discussed if this could actually be a secret money maker for the government, leveraging capital gains and potentially tipping more first home buyers beyond the stamp duty threshold.
00:00 - Intro and savings tip. don't drink alcopops
02:30 - B2B explained
03:23 - What the experts think
04:09 - Is there demand for it?
06:52 - Would Harry use it?
07:45 - Government bets on the house
10:33 - Closing remarks
Harry's article:
https://www.savings.com.au/news/boost-to-buy-queensland-first-home-buyers