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Podcast: The Property Pod
Episode: Broken Windows & Sugar Rushes
Description: BROKEN WINDOWS & SUGAR RUSHESThe government pushed to introduce $50K grant for new homes - potential idea to reboot the economyThe Property Council of Australia has proposed the 'New Home Boost' grant as part of its seven-point plan to the National Cabinet for kickstarting construction and the economy.First 50,000 peopleRequires $2.5 Billion in federal fundingEligible for all buyers of new homes, not just first home buyers According to Australian Bureau of Statistics (ABS), every dollar of residential construction generates $3 of activity across the wider economy, while Commonwealth Bank research estimates seven full-time jobs are lost for e...