Hello Readers.

There has been some very interesting idea’s floated recently in NSW in relation to housing affordablility. Many of these idea’s have been around for a long time however with a new state premier  some of these ideas are getting more steam. One “idea” is to reduce stamp duty.

Would the reduction of stamp duty make housing affordibilty easier ?

I personally believe it would, especially as buyers need to save that money on top of  deposits and other associated costs . A stamp duty reduction would likely off-set the higher lending costs for investors also which may see more investors enter the maket.

Regardless of what happens it is certainly a topic that needs attenion.

On Another Note:

 It is extremely important to feel comfortable with your agent and work out a makreting plan that your happy with. Remember as the seller you have a lot of creative control with regards to your marketing, so if for instance if you don’t feel comfortable with having a “for sale sign” you don’t have too. Communication with your agent is key and ceratinly don’t feel as if you can’t voice your ideas and concerns.

Until next issue……

 

Opinions are those of Luke Fahy and may not reflect those of others….