09.13.2022 - By 2SER 107.3FM
Amid a perpetual rise in interest rates, the NSW Government have announced their First Home Buyer Choice scheme. A reform to stamp duty which gives first home buyers the option to opt out of stamp duty - and into an annual tax. This episode, we explore stamp duty as an impediment to property purchasing, and how the NSW government’s policy might affect housing affordability.
Guests: Harry Scheule - Professor of Finance at the University of Technology Sydney and Simon Pressley - Founder, and head of property market research at Propertyology.