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First-home-buyer scheme called ‘fatally flawed’

Scott Morrison’s plan to help first-home buyers afford a deposit has been slammed as “counter-productive at worst”. A new report from the Grattan Institute warns the only possible outcome from the policy is increased house prices, benefiting the seller at the expense of young property hunters.

Scott Morrison’s plan to help first-home buyers afford a deposit has been slammed as “counter-productive at worst”. A new report from the Grattan Institute warns the only possible outcome from the policy is increased house prices, benefiting the seller at the expense of young property hunters.…

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